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Market Commentary

Short Sellers Load Up on CoreWeave and EV Names

By ORTEX News · Edited by , Editor, ORTEX NewsUpdated 1 min read

Produced automatically from ORTEX data and published under the ORTEX News editorial standards set by Peter Hillerberg, Editor, ORTEX News. How we publish

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Short sellers made bold moves this week. CoreWeave saw the biggest jump among large-cap names. Its SI % of FF rose 4.5 percentage points in seven days to 25.7%. Bears are betting the AI cloud darling's $25B valuation is stretched.

Wolfspeed remains the most extreme short on the board among notable names. 84.4% of its free float is sold short. Availability has hit zero. There are no shares left to borrow. With a cost to borrow of 1.8%, a squeeze could get expensive fast.

The EV sector draws particular attention given fresh alt-data. California ZEV registrations crashed 37% year-on-year in July 2026, the worst Q3 reading in three years. That backdrop keeps bears active across the space. Lucid Group carries 64.3% SI % of FF. Rivian sits at 18.5%.

Levi Strauss is a fresh mover worth watching. Short interest jumped 2.9 percentage points in a week to 11.6% of float. Consumer spending concerns appear to be driving the trade.

Chewy holds 86.5% SI % of FF, one of the highest among mid-caps. Availability remains plentiful at 566%, suggesting shorts can still add pressure freely.

Stocks in this article

How this article was generated

Generated
27 Oct 2026, 00:02
Prompt version
v1.0
Data sources
Short interestCost to borrowUtilizationAlt DataIndex Rebalance

ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.