Bears Pile In: Jaguar, WOLF Top Squeeze Watch

Short sellers are building positions rapidly in a cluster of small and mid-cap names this week, with Jaguar Health seeing the sharpest move among names with a meaningful base. Its SI % of FF jumped from 33.4% to 114.3% in just five sessions, a rise of over 80 percentage points.

Yimutian also saw dramatic activity, with short interest climbing from 57% to 233% of free float over the same period. Both names are micro-caps with thin liquidity, making squeeze risk acute.

Among larger names, Wolfspeed remains the most heavily shorted US stock above $1 billion in market cap. Bears hold 88% of its free float short. The semiconductor company has shed nearly 10% over three months. Short interest dipped very slightly this week from 88.8% to 88.0%, suggesting some profit-taking but no meaningful cover.

Lucid Group sits at 65.9% SI % FF, with a cost to borrow of 15.6%. It has fallen almost 50% over three months. ORTEX alt data shows Dutch car registrations are running 68% below the prior year period, a leading indicator for Polestar sibling Polestar, which also reports today. That macro pressure weighs on the whole EV segment.

SoundHound AI holds 42.8% SI % FF. Its SI has been broadly flat this week, suggesting the bear case is well established but not intensifying right now.

Tesla stays lightly shorted at 2.6% of free float. Texas midterm results drew fresh analyst commentary on the political risk to Tesla's expansion plans, though existing operations appear less directly affected.

Rocket Companies is worth watching. Its S&P 500 addition probability jumped from 4% to 31% overnight per the ORTEX Index Rebalance Radar, with a $4.1 billion forced-buying flow on the table if confirmed. Its SI % FF sits at 8.4%, a small rise over the week.