Short sellers piled into tiny stocks last week. ELAB saw SI jump 115 percentage points to 132% of float. HKIT surged 90 points to 104%. HCTI rose 80 points to 100%.
These are not household names. They are micro-caps with tiny market values. Short interest can exceed 100% when shares are re-lent.
AIRS sits at 157% SI. It jumped 18 points in seven days. CTB is 8.5%. FLWS hit 104% SI. CTB is just 3.5%.
More recognizable names also drew shorts. FUBO carries 70% SI. CAR sits at 68% with a $5B market cap.
Tech names face heavy shorting. MVIS has 22% SI with 33% CTB. carries 23% SI. sits at 25% SI.
The biggest jumps hit obscure tickers. Many are trading under $10 per share. Volatility is extreme. Short squeezes are possible but risky.
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.