Bears Pile In: HTZ Borrowing Hits 317%, Japan Shorts Surge

Hertz remains one of the most pain-inducing shorts on US markets. Its cost to borrow hit 317% APR. Short interest sits at 73.5% of free float. That figure has barely moved in a week. Bears are holding firm, not covering.

Wolfspeed keeps the pressure on the semiconductor side. Short interest stands at 87.5% of free float, the highest of any US name with meaningful market cap. The silicon-carbide chipmaker has shed nearly 10% over three months. EPS momentum is deeply negative at -2.3.

EverCommerce carries a 76% cost to borrow alongside 15% short interest. The software firm has fallen 28% in three months. Bears see room to run. Availability of shares to borrow has collapsed to just 1.6% of short interest, making fresh shorts expensive to initiate.

Polestar stands out for a different reason. Its cost to borrow sits at 184%, one of the highest in the market. ORTEX alt data flags Dutch car registrations running 68% below the same quarter last year for Polestar, a dataset that leads revenue with a 60-day lead time and a strong fit. The company reports today, 5 November.

Rocket Companies is a fresh mover. Short interest rose to 8.8% of free float from 8.1% a week ago. The stock also surged into the S&P 500 spotlight. ORTEX Index Rebalance Radar puts its December 2026 Quarterly Review addition probability at 31%, up from just 4% overnight. A confirmed addition would require $4.1B of buying over 8.1 days of volume.

In Japan, short interest spiked across multiple names. J Trust Co. jumped to 25.9% of free float from 9.8% in a single week. Toei Animation more than sextupled, rising from 1.75% to 12.5%. The moves suggest coordinated pressure ahead of earnings season in Tokyo.

SharkNinja sits at 9.9% short interest but its S&P 500 add probability jumped to 64% overnight. Shorts may face a painful unwind if the index inclusion is confirmed.