Bears Target CoreWeave, MVIS Spikes

Short sellers added to positions in CoreWeave over the past week. SI % of FF climbed to 22.2%, up 3.1 percentage points in seven days. The AI cloud stock carries a $28B market cap and remains one of the most-shorted recent IPOs on Nasdaq.

MicroVision is grabbing attention. Wikipedia traffic for the lidar stock hit 10.0 standard deviations above its own history on 19 October, a ORTEX alt-data signal of sharp retail interest. Short interest sits at 23% of free float with a cost to borrow of 102%, making a squeeze painful for bears.

Hertz remains a short seller magnet. SI % of FF stands at 73.1% with cost to borrow at 59.2% APR and zero shares available to borrow. That makes adding new short positions nearly impossible right now.

Wolfspeed is equally crowded. Bears have 86.8% of the free float on loan. Availability is also zero.

Tesla reports earnings tomorrow. Short interest is just 2.5% of free float, up slightly from 2.4% ten days ago. ORTEX alt data shows German car registrations running 269% above the same quarter last year, a dataset that leads Tesla revenue by 43 days.

Chewy rounds out the watch list. SI % of FF hit 89.7%, up 2.5 points on the week.