CAR Avis Budget SI jumped to 92.7% this week. Bears added 5.5 points in seven days. The $8.1B rental giant saw sustained pressure despite 255% gains in three months. FT reported investors nursing losses after a short squeeze echoed 2021 meme stock chaos.
WOLF Wolfspeed absorbed the largest SI spike among mid-caps. Bears pushed positions 6.3 points higher to 45.8%. The $1.2B chip maker faced mounting skepticism. KALV KalVista Pharmaceuticals hit 71.6% SI as bears added 4 points weekly.
LCID Lucid Group SI climbed to 33.4% from 29.7%. The EV maker battled fresh short pressure. LYFT Lyft reached 25.7% as rideshare shorts intensified.
Bears retreated from KOD Kodiak Sciences slashing SI 5.3 points to 23.2%. SAIL SailPoint saw shorts drop 3.2 points to 25.9%. TopBuild absorbed a massive 2.9 point decline falling to 4.4%.
Extreme shorts persisted elsewhere. SNSE Sensei Biotherapeutics topped charts at 126% with 236% cost to borrow. FLWS 1-800-Flowers held 103% SI as florists faced retail pressure.
Avis dominated headlines as the short squeeze reversal tested trader conviction.
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.
