CAR Avis Budget topped extreme short rankings at 86.2% SI. The $21B rental firm held steady near record highs with bears refusing to exit. Short interest barely budged in two weeks staying locked above 84%.
HTZ Hertz claimed second at 50.2% SI. The $2.4B competitor showed similar patterns with shorts digging in. Both rental names posted huge gains in 2026 yet bears maintained conviction. Availability sat near zero on both making fresh shorts costly.
HIMS Hims & Hers dropped 4 points in nine days. SI fell from 40% on April 6 to 36.5% as bears covered positions. The $6.8B telehealth name showed the largest absolute decline among mid-caps.
TNGX Tango Therapeutics hit 59.1% SI with ultra-low borrow costs at 0.56%. The $3.8B biotech surged 111% in three months yet shorts piled in betting on reversal. Cost to borrow remained negligible despite extreme positioning.
SOUN SoundHound held 36.6% SI facing 9.7% borrow costs. The $3.4B AI voice platform dropped 20% quarterly as bears applied pressure. Upstart stayed at 34.1% with 7.2 days to cover suggesting entrenched positions.
Travel and fintech names dominated short extremes.
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.
