Bears Pile Into Liqiudia, CoreWeave and Grindr

Short sellers moved fast this week. The biggest jump in short interest came from LQDA, where bearish positioning rose 8 percentage points in seven days to 26.7% of free float.

GRND was not far behind. Short interest on Grindr climbed 7 points to 20.4% of free float. CRWV also drew fresh attention from bears. CoreWeave's SI rose 4.2 points to 26.4%, making the $25bn AI infrastructure play one of the week's most notable new short targets.

LEVI saw short interest rise nearly 4 points to 13.2% of free float. The denim brand's stock has struggled, and bears appear unconvinced a recovery is near.

On the extreme end, WOLF remains the most heavily shorted name of scale. Wolfspeed sits at 88% of free float sold short. Availability is effectively zero, making new short positions almost impossible to open.

EVCM carries the highest short score among mid-cap names. EverCommerce's cost to borrow hit 87.7%, a sign of acute demand for shares to lend.

On the index radar, Twist Bioscience jumped from 20% to 55% probability of leaving the Russell 2000 and joining the Russell 1000 overnight, per ORTEX Index Rebalance Radar. The ranking cut-off is 30 October. A Russell 1000 addition would require $529M of forced buying.

CBRS Cerebras Systems also drew increasing short interest, rising to 20% of free float from 15.5% a week ago.