Bears Pile Into CoreWeave and Lucid

Short sellers added pressure to CoreWeave this week. SI % of FF rose 3.6 percentage points in seven days to 24.8%. The AI cloud stock has a $25bn market cap. Bears are clearly unconvinced by the AI infrastructure hype.

Lucid Group remains one of the most shorted large-cap stocks in the US. SI % FF sits at 64.6%, with a cost to borrow of 23.8% APR. Availability has almost dried up, at just 0.01% of short interest. A squeeze would be painful for bears.

Wolfspeed carries 85.5% SI % FF. Days to cover stands at 9.9. With zero share availability, new short positions are nearly impossible to open.

Chewy sits at 88.6% SI % FF. Cost to borrow is negligible at 0.39%, with availability at 534%. Shorts face no pressure from a borrow squeeze here.

BKV Corporation saw the biggest one-week SI jump among mid-cap names. Its SI % FF rose from 34.7% to 38.6% in seven days.

Taiwan export orders hit a record $114bn in September, the highest since 1984. That strength in semiconductor-linked demand contrasts sharply with persistent short pressure on chip-adjacent names like Wolfspeed.

SoundHound AI carries 39.9% SI % FF with zero borrow availability. Social chatter around AI stocks remains high. Shorts appear to be staying put.