CAR Avis Budget Group SI jumped 6.5 points in three days. The rental car giant now sits at 92.7% short interest up from 86.2% Monday. Bears pressed hard despite FT reporting a short squeeze warning earlier this month. Cost to borrow held at 8.4% showing active borrow demand.
WOLF Wolfspeed absorbed a 6.2 point SI surge hitting 45.8%. The semiconductor maker climbed from 39.7% in just three days. The $1.4B chipmaker faced rising skepticism as bears doubled down on positioning.
LCID Lucid Group SI rose to 33.4% adding 2.4 points this week. The EV maker held 8.5% cost to borrow as bears maintained pressure. KALV KalVista Pharmaceuticals hit 71.6% SI climbing 2.4 points showing biotech sector weakness.
TSAT Telesat topped charts at 97.2% SI despite 58% three-month rally. The satellite operator defied gravity with availability at 300% showing ample borrow supply. Cost to borrow stayed below 1.1% signaling low borrowing stress.
Financial Times warned Avis investors nursing losses after the stock soared 400% in a meme stock echo. Bears circled back this week betting the rally exhausted itself.
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.