CAR Avis Budget SI exploded to 93% this week. The rental giant added 6.5 points in three days showing massive bear conviction. FT reported investors nursing losses after the squeeze echoed 2021 meme stock chaos. Shares soared 400% before crashing.
WOLF Wolfspeed absorbed fresh shorting as SI jumped 6.2 points to 46%. The chipmaker battled sector pressure despite defense demand. KALV KalVista climbed 4 points to 72% as biotech bears piled in.
LCID Lucid SI rose to 33% adding 3.7 points weekly. The EV maker faced mounting skepticism on production targets. LYFT Lyft crept to 26% as rideshare competition intensified.
SNSE Sensei Biotherapeutics topped extreme charts at 126% SI with cost to borrow hitting 236%. The micro cap biotech showed squeeze potential. FLWS 1-800-Flowers held 103% SI as seasonal retail worries persisted.
Bears lightened exposure to TNGX Tango Therapeutics. SI dropped 2.2 points to 56% despite extreme positioning. SAIL SailPoint SI fell 3.1 points to 26% showing profit taking.
Gulf oil chaos drove defensive rotation as bears targeted consumer discretionary names.
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.
