Bears Circle Wolfspeed and AI Chip Names

Short sellers turned aggressive this week. Wolfspeed now has 88.6% of its free float shorted, up nearly 5 percentage points over the past seven days. The semiconductor maker carries a 9.6-day cost to borrow. Its float is almost entirely absorbed by short positions, leaving little room for new bets.

Liquidia saw the biggest weekly jump among mid-caps. Short interest rose 8 percentage points to 26.6% of free float. Bearish pressure is growing fast in the pharma space.

Cerebras Systems, the AI chip company that went public recently, added 5.2 points to reach 20.1% short. Sceptics are building positions even as AI hardware remains a crowded long.

Grindr crept up to 19.4%, a 4.9-point rise on the week.

On the cost-to-borrow front, Donnelley Financial Solutions grabbed attention today. Its borrow rate surged 405% in one week to 0.85%, a sharp signal ahead of earnings.

Coursera drew two analyst downgrades in 48 hours. Short interest sits at 14.8% of free float, up 5.1% over the past week per ORTEX data included in today's news flow.

EverCommerce holds the highest short score among larger names at 97. Its 23-day cost to borrow stands at 91%, with availability of short shares at just 0.4%.

On the index radar, LXP Industrial Trust and CBIZ trade out of the Russell 2000 today following acquisition-driven deletions. Forced selling before 2 November may pressure both names.