Bears Circle Chewy as EV Names Stay Under Fire

CHWY leads the most-shorted list with 91.5% of its free float sold short. That figure rose another 4.3 percentage points in just seven days. Short sellers are not letting up on the pet retailer.

LCID holds 62.8% SI % FF, with a cost to borrow of nearly 9%. The EV startup has lost 57% over three months. Availability sits at just 0.1%, meaning new short positions are almost impossible to open.

EverCommerce carries the highest short score of any $1B-plus stock at 96, with a cost to borrow of 94.8%. That borrowing cost flags intense bearish pressure on the software firm.

Tesla tells the opposite story. SI % FF sits at just 2.5%, and ahead of its earnings on 21 October, ORTEX Alt Data shows German car registrations running 269% above the same quarter last year. That is a leading indicator for Tesla revenue. Bears have largely stepped away.

Wolfspeed saw the biggest SI drop of the week, falling 4.7 points to 82.6%. That said, the level remains extreme. Short covering is happening, but sentiment has not turned.

CoreWeave saw SI rise 2 points to 21.1%. The AI infrastructure name, often discussed on social platforms, is drawing increasing bearish interest despite its recent momentum.