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 standout short interest mover. Short interest jumped to 91.2% of free float, up from 65.9% just seven days ago. That 25-point surge is one of the sharpest weekly moves ORTEX data shows among large-cap names. The pet retailer trades on NYSE with a $4.7 billion market cap. Bears appear unconvinced by any recovery story.
EVCM carries the highest short score in the ORTEX system at 96. EverCommerce has 14.4% of its float short and a cost to borrow of 93%, signalling real pain for any short squeeze attempt.
TSLA reports earnings Tuesday, 21 October. Short interest sits at just 2.5% of free float. ORTEX alt data tracking German car registrations, a leading indicator for Tesla revenue, is running 269% above the same quarter last year. That reading is pointing firmly upward heading into the print.
The broader market context is dark. The Nasdaq fell more than 2% last week. The Fear and Greed Index has moved into extreme fear territory. That backdrop tends to lift short positioning across the board.
SKYD also saw sharp movement. Skydance Corporation's SI jumped to 65% from 50% in a week. SAIL and SONO both added more than 5 percentage points over the same period.
GM reports tomorrow, with German car registration data running 133% above last year's comparable quarter.
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.
