CAR Avis Budget rocketed to 92.7% short interest this week. Bears added 5.5 points in seven days pushing the $8.1B rental company into squeeze territory. Financial Times reported investors nursing losses after the stock soared 400% echoing 2021 meme mania.
Cost to borrow stayed mild at 8.4% despite extreme positioning. Availability collapsed to 0.07% showing virtually no shares left to borrow. Eight analysts slashed targets showing Wall Street expects pain.
WOLF Wolfspeed absorbed fresh pressure as SI jumped 6.3 points to 45.8%. The $1.2B chip maker saw bears pile in despite semiconductor recovery hopes. LCID Lucid climbed to 33.4% adding 3.7 points as EV skepticism intensified.
KALV KalVista rose to 71.6% SI gaining 4 points weekly. The $977M biotech held 18 days to cover suggesting extended squeeze risk if sentiment shifts.
Covering activity hit KOD Kodiak Sciences hardest. SI dropped 5.3 points to 23.2% as bears retreated from the $2.8B biotech name. BLD TopBuild saw 2.9 points of unwinding as construction sentiment improved.
Goldman tapped renminbi markets per FT as China rates stayed low. Trump crypto holdings grabbed headlines amid Justin Sun lawsuit noise.
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.
