WSFS reports today with short interest up 12% over the past month and options traders tilting defensive. Borrowing costs remain low but short positioning has built steadily through April.
Short interest stands at 2.85% of free float as of April 22, representing 1.56 million shares. That's up 12.2% over the past month and 3% over the past week. Days to cover sits at 3.15 per the latest FINRA data. The position remains modest in absolute terms but the trajectory shows bears adding exposure heading into the print. Official settlement data from March 31 showed 1.52 million shares short, closely aligned with current estimates.
The put-call ratio spiked to 0.39 on April 23, nearly four standard deviations above its 20-day mean of 0.25. This marks the most defensive posture in weeks. The 52-week range runs from 0.04 to 2.58, placing current sentiment in elevated caution territory. Options traders appear braced for volatility around the release.
No recent analyst rating changes are present in the snapshot. Coverage data is unavailable, leaving institutional sentiment opaque heading into the event.
WSFS last reported on January 27. The stock has rallied 9.5% over the past month and added 1.2% this week, closing at $70.15 on April 23. The recent price strength contrasts with rising short interest, suggesting positioning divergence between long and short players.
No active ORTEX Alpha signals are currently flagged for WSFS. The short score of 34.96 sits in neutral territory, indicating neither extreme bullishness nor bearishness from the short-side data composite.
Cost to borrow remains benign at 0.52%, up 27% over the month but still reflecting easy availability. Utilization ticked down to 1.04%, well below the 52-week high of 7.53%, confirming ample borrow supply despite the uptick in short positioning.
See the live data behind this article on ORTEX.
Open WSFS on ORTEX →ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
