Biotech Shorts Hit 135%

PSTV Plus Therapeutics exploded to 135% short interest this week. The biotech jumped 125 points in seven days as bears piled in. The $9M firm held just 11% SI last Wednesday showing dramatic position building.

HCTI Healthcare Triangle grabbed 121% SI up 53 points weekly. Cost to borrow hit 244% while availability collapsed to 7%. The health tech name absorbed relentless selling pressure despite microscopic $2.7M market cap.

GNLN Greenlane reached 88% SI after whipsawing between 6% and 89% in four trading days. The cannabis accessory retailer saw wild swings suggesting technical repositioning. Bears added 40 points in seven days.

QNCX Quince Therapeutics climbed to 54% SI adding 34 points weekly. The $61M neurology biotech drew concentrated shorting as broader healthcare names faced pressure. Target upside exceeded 260% per analyst consensus.

PMAX Powell Max topped all names at 63,169% SI demonstrating extreme statistical distortion. Cost to borrow reached 447% making new positions prohibitively expensive. The $3.8M capital markets firm held minimal float creating technical anomaly.

AGL Agilon Health held 212% SI as the largest shorted healthcare stock by size. The $275M provider faced 73 short score with 4.1 days to cover. Analyst upside sat at just 0.4% showing bear conviction.

Biotech shorting accelerated amid defensive rotation out of speculative healthcare.