Short sellers are making bold moves heading into May. Wolfspeed tops the weekly movers list. Its SI % of Free Float jumped 7.3 percentage points to 50.6% in just seven days. The chipmaker is struggling. Availability sits at a razor-thin 1.6% of SI — shares to borrow are almost gone.
Figma is another notable new target. Bears pushed SI up 6.3pp to 25.5%. The design software firm recently went public. Shorts are betting the post-IPO honeymoon ends fast.
Vail Resorts saw SI climb 5.9pp to 22.2%. A weak ski season and high debt load keep the bears interested.
On the squeeze side, Avis Budget saw a dramatic 33pp collapse in SI — from 102% to 69% — as shorts scrambled to cover. Pinterest also saw SI fall nearly 6pp to 15%, suggesting bulls are winning that battle.
Sensei Biotherapeutics carries the highest SI at with a sky-high 239% cost to borrow. That squeeze potential is real.
Wolfspeed and NuScale Power — both up sharply in bearish positioning — sit at the intersection of high shorts and thin availability. Watch both closely.
Data via ORTEX as of 29 April 2026. Not financial advice.
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.
