IONQ IonQ topped the short interest list among popular tech names. The quantum computing firm hit 23.6% SI as of April 16. Cost to borrow stayed moderate at 2.4% yet availability crashed to 0.1% showing severe borrow scarcity.
CAR Avis Budget dominated extreme short positioning at 87.3% SI. The rental car giant surged 293% over three months yet bears refused to budge. The stock grabbed headlines as QXO QXO agreed to acquire BLD TopBuild for $505 per share cash today sparking M&A speculation across shorted industrial names.
FUBO FuboTV saw the most dramatic weekly unwind. SI plummeted from 74.6% to 24.9% in seven days marking a 49.7 point collapse. Bears fled the streaming platform as market volatility persisted.
JACK Jack in the Box climbed to 44.3% SI adding 6.5 points this week. The restaurant chain absorbed fresh short pressure despite consumer spending holding steady. Karyopharm jumped 11.6 points to 36.5% SI as biotech shorts intensified.
Mega caps stayed lightly shorted. NVDA NVDA held 1.2% SI while AAPL AAPL sat at 0.9%. Iran war tensions pushed oil above $95 yet energy infrastructure plays like SOC Sable Offshore saw SI drop 6.7 points to 32.7% as geopolitical fears eased slightly.
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.
