Bears Pile Into CoreWeave and Hertz

Short sellers added pressure across several names this week. CoreWeave saw the sharpest move among large-cap stocks. Its SI % FF climbed 4.5 percentage points in seven days to reach 25.7%. The AI cloud provider trades at a $24.9B market cap. Availability sits at 83%, leaving room for more shorting.

Hertz remains one of the most punished names on the market. SI % FF stands at 71.4%. Cost to borrow has spiked to 155%, a signal bears are paying dearly to hold these positions. Zero availability means borrowing shares is essentially impossible now.

Wolfspeed holds an 84.4% SI % FF. Shares to borrow have dried up completely, with availability at 0%. The semiconductor firm's cost to borrow is low at 1.8%, suggesting existing shorts are entrenched but few new positions can be added.

EverCommerce carries the highest short score in the large-cap screen at 96. Cost to borrow hit 88.5%. Availability is just 5.6%, making new short entries very difficult.

Levi Strauss saw a 2.9 percentage point SI jump over the week to 11.6%. The move comes ahead of a busy earnings season. Availability is ample at 587%, so bears can still add.

Big Tech earnings this week puts several shorted names in the spotlight. Short sellers in names like NVDA and AMD face a catalyst-heavy few days.