Bears Retreat on Chewy, Pile Into Lucid

Short sellers pulled back from CHWY last week. Short interest fell from 91.5% to 86.7% of free float between 16 and 22 October. That is still an eye-watering figure for the pet retailer, but the 4.9 percentage point drop signals some bears are stepping aside.

LCID moved the other way. Short interest climbed from 62.9% to 64.7% of free float over the same stretch. Cost to borrow is running at 23.8% APR. Availability sits near zero, meaning anyone still looking to short the EV maker is finding the trade crowded and expensive.

HTZ remains one of the most heavily shorted names in the market at 72.3% of free float. Cost to borrow has surged to 190% APR, a signal that demand to short keeps outstripping available stock to lend.

EVCM carries the highest short score in the small-to-mid cap universe at 95.9. Cost to borrow stands at 98.6% APR. With availability at just 12.5%, the squeeze risk is real if any positive catalyst materialises.

WOLF shows 83.8% short interest as a percent of free float with 9.6 days to cover. The semiconductor maker has been under pressure all year.

California zero-emission vehicle sales fell 37% year-on-year in Q3 2026, per ORTEX alt data. That backdrop keeps short sellers comfortable in names like LCID that depend on EV demand holding up.