CAR Avis Budget short interest exploded 13.6 points to 69.4% in one week. Bears doubled down on the $4.4B rental operator despite just 3.7% cost to borrow. The surge represented the most extreme short buildup among major US names. Availability stayed pinched at 25% signaling supply constraints.
PINS Pinterest drew 6.7 points of fresh shorts climbing to 14.4%. The $10.5B social platform absorbed new bear conviction with minimal borrowing friction at 0.4% CTB. Data center play CoreWeave attracted 6 points hitting 23.7% SI.
ADANIENSOL Adani Energy Solutions insiders executed three purchases totaling $376M this week. The coordinated buying demonstrated massive commitment from the Indian utility operator. IOIPG IOI Properties CEO bought $2.9M across two days showing Malaysian property confidence.
Korean gaming giant Krafton CEO added $3.3M March 20. Chinese pharma CSPC Pharmaceutical Chairman filed Wednesday for $53M executed three weeks earlier.
Denmark's Novo Nordisk won FDA approval for Awiqli yesterday. The once-weekly basal insulin treatment became the first approved for type 2 diabetes. The breakthrough arrived as European pharma maintained innovation momentum.
OECD warned today US inflation will surge to 4.2% on energy shock. Fertilizer prices jumped as Iran war coincided with US planting season. FT reported the Middle East conflict will push American price growth to highest in G7.
Gold fell for a third weekly decline on hawkish Fed positioning. The dollar headed for weekly drop as central banks held rates. Asia-Pacific markets tumbled overnight as Iran war dented risk sentiment with no signs of abating.
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.