Bears Double Down on Micro-Caps

Short sellers piled into SHFS this week. SHF Holdings saw its SI % of Free Float rocket from 101% to 857% in seven days. That is the sharpest single-week jump in the dataset.

SCWorx was not far behind. Its SI % FF leapt from 2% to 147%. 22nd Century Group also surged, from 3% to 96%.

Among larger names, Chewy remains the most heavily shorted mid-cap. Its SI stands at 87% of free float, though it eased slightly from 91% a week ago. Shares borrowed to borrow cost less than 0.4%, suggesting no panic yet from shorts.

Hertz carries 72% SI % FF with a cost to borrow of 190%. Bears are paying a steep price to stay short there.

Lucid Group sits at 65% SI % FF. Availability is near zero at 0.02%. That squeeze risk is real. ORTEX Alt Data shows US plug-in vehicle registrations hit a four-year July low at 21,482, adding pressure to EV names.

On the other side, Medtronic saw short interest fall 3.4 percentage points in a week. That is the largest cover among large-cap names. EverCommerce tops the short score table at 96, with a cost to borrow of 96%.