CAR Avis Budget absorbed fresh short pressure this week. Bears pushed SI to 92.7% up from 86.2% three days ago. The $7B rental car firm grabbed headlines on FT as investors nursed losses after a massive short squeeze echoing the 2021 meme stock craze.
WOLF Wolfspeed SI climbed 6.2 points to 45.8% in 72 hours. The $1B semiconductor maker faced mounting skepticism despite defense chip demand. Bears bet against the Carolina-based wafer producer as margin pressure intensified.
LOCL Local Bounti soared to 73.7% SI jumping 61 points in one week. The vertical farming name held just $56M market cap yet drew extreme positioning. Cost to borrow spiked to 267% showing severe borrow scarcity.
CUE Cue Biopharma topped extreme lists at 141% SI. The $54M biotech climbed 55% in three months yet bears tripled down. SNSE Sensei Biotherapeutics hit 126% SI with 236% borrow costs demonstrating brutal short conditions.
TSAT Telesat held 97% SI essentially unchanged as the $718M satellite operator navigated volatility. Lucid added 2.4 points to 33.4% as EV bears maintained conviction despite production ramp talk.
Biotech and transport names dominated short spikes.
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.
