CAR Avis Budget short interest hit 92.7% of free float this week. The rental car giant absorbed heavy bear bets despite soaring 254% in three months. FT reported investors nursing losses after a "short squeeze" echoing 2021 meme stock chaos. Days to cover reached 8.8 showing extreme positioning.
LOCL Local Bounti SI exploded 61 points in seven days jumping to 73.7%. The $56M food producer cost 322% annually to borrow showing severe lending constraints. Availability crashed to just 27.7% as bears scrambled for shares.
SNSE Sensei Biotherapeutics topped extreme lists at 126% SI. The biotech surged 209% this quarter yet drew relentless shorting. Cost to borrow spiked to 237% with minimal share availability at 11.6%.
TSAT Telesat climbed to 97.2% SI adding 4.4 days to cover. The satellite operator jumped 60% quarterly attracting fresh bear conviction. Unlike most extreme names availability stayed healthy at 301%.
FLWS 1-800-FLOWERS hit 103% SI with 24 days to cover. The specialty retailer dropped 16% this quarter yet maintained massive short positioning. CTB remained modest at 2.2% reflecting ample borrow supply.
Small cap names dominated SI spikes as bears targeted volatile momentum stocks facing liquidity crunches.
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.
