Bears Pile Into CoreWeave, Retreat From Chewy

Short sellers added pressure to CoreWeave this week. Its short interest hit 24.8% of free float, up 3.6 percentage points in seven days. That is a notable move for an AI infrastructure stock already drawing scrutiny from bears ahead of Big Tech earnings season.

Lucid Group remains a favourite short in the EV space. SI stands at 64.7% of free float, up 1.9 points on the week. US plug-in vehicle registrations hit a four-year July low of 21,482, according to ORTEX Alt Data, the lowest July figure since 2022. That headline number keeps pressure on EV names broadly.

Wolfspeed stays one of the most-shorted large names on US markets. SI is 83.8% of free float. Bears barely moved their positions this week, but with 9.6 days to cover, any squeeze would be violent.

Chewy told a different story. Short interest fell 4.6 points to 86.7% of free float. That is still extreme, but the direction matters. Shorts covering here could signal fading conviction.

1-800-FLOWERS.COM holds 78.4% short interest with 25 days to cover. That is a squeeze-watch candidate. GameStop SI dipped slightly to 10.2%.

On the Russell 2000 radar, TuHURA Biosciences sits just 0.5% above the index entry line ahead of the 30 October cut-off, per ORTEX Index Rebalance Radar. It carries a short score of 91 and SI near 16%.