Short Sellers Pile Into CoreWeave and Lucid

Short interest in CRWV jumped 3.67 percentage points in seven days. The AI cloud firm now has 24.1% of its free float sold short. Bears are building fast.

LCID sits at 64.3% of free float sold short. That rose 1.7 points this week. Lucid remains one of the most heavily shorted names in the US market.

The squeeze watch centres on ASTS. AST SpaceMobile's short utilization hit 94.4%. Availability has collapsed to just 6.9% of short interest. New short positions are nearly impossible to open.

CHWY saw shorts trim slightly. Short interest fell 3.6 points to 88.6% of free float. Still enormous, but the covering move is worth watching.

MDT produced the sharpest covering of the week. Medtronic's SI dropped 6.4 points to 3.7%. That is a big unwind for a mega-cap name worth over $113bn.

LEVI caught fresh short attention. Short interest rose 2.7 points to 11.7%. Denim bears are back.

On the cost-to-borrow side, EVCM stands out. EverCommerce carries a 96.9% borrow rate with just 7.5% availability. Shorts are paying heavily to hold that position.

1-800-Flowers FLWS has 25 days to cover and 78% SI of free float. That is a coiled spring ahead of the holiday season.