Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
CHWY is the week's biggest mover. Short interest hit 91.3% of free float on 15 October, up from 66.0% a week earlier. That is a 25-point jump in seven days.
SKYD (Skydance Corporation) also saw heavy new shorting. Its SI % FF climbed from 49.7% to 65.0% in the same period. Cost to borrow stands at 3.4% APR, and availability of shares to borrow sits at just 19.4% of short interest. That is a thin cushion for short sellers.
On the other side, MMED (MiniMed Group) saw short interest collapse from 102.9% to 30.2% of free float in a week. That is a 73-point drop, the steepest short cover seen across US mid-caps in the period.
TSLA remains lightly shorted at 2.5% of free float ahead of its earnings on 21 October. ORTEX alt data shows German car registrations, which lead Tesla revenue by 43 days, running 269% above the same quarter last year. Three of three months in the quarter point that way. That is not a forecast, but it is a striking lead reading.
GM reports on 20 October. Its German car lead indicator runs 133% above the prior year quarter.
FLNC (Fluence Energy) saw short interest rise to 38.1% of free float from 32.4%, adding to already elevated bearish positioning in energy storage names.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
