Bears Retreat From Chewy, Pile Into Grindr and CoreWeave

Short sellers unwound positions sharply in CHWY this week. SI % of free float fell from 89.7% to 81%. That is still one of the heaviest short loads in the US market, but the direction is notable. Availability sits at 601%, suggesting bears are not scrambling to cover.

GRND saw the opposite move. Grindr's SI jumped 7 percentage points in seven days to 20.4% of free float. CRWV also drew fresh short interest, rising 4.2 points to 26.4%. CoreWeave remains a heavily watched name in AI infrastructure circles.

On the squeeze watch list, WOLF stays extreme. Wolfspeed's SI sits at 88% of free float. Availability has collapsed to zero. That combination makes a short squeeze technically possible, though the chip maker continues to bleed cash.

LQDA saw the biggest single-week SI build in the mid-cap space, up 8 points to 26.7%. Liquidia is locked in a legal battle with United Therapeutics over its pulmonary hypertension drug. Shorts appear to be betting the dispute goes against it.

On the cover side, SVRA shed 11 points of SI in a week to 25.4%. GLOB dropped nearly 10 points to 21%.

Retail attention is spiking elsewhere. Wikipedia views for IMRX flagged this week, with ORTEX alt data showing trial completion date slippage running 1.8 standard deviations below its own history, signalling faster-than-typical trial progress.