Short sellers turned aggressive this week. Several well-known names saw sharp rises in short interest, while one rental-car giant staged a dramatic short cover.
Wolfspeed leads the charge. SI % of FF hit 50.6%, up 7.3 percentage points in just seven days. Availability has collapsed to just 1.6% of short interest — bears are crowded and stock is hard to borrow.
Figma is another standout. SI % jumped 6.2pp to 25.2%. The design software firm's recent NYSE debut has clearly caught short sellers' attention.
NuScale Power added 4.3pp to reach 21.8% SI. The nuclear micro-reactor play remains a polarising bet.
Avis Budget Group shed a massive 33pp in one week — SI fell from 102% to 68.6% of free float. A swift short cover at that scale can signal forced buying or a fundamental shift.
Pinterest dropped nearly 6pp to 15%. Bears are retreating despite the broader social-media headwinds.
SoundHound AI stays firmly in the spotlight. SI sits at 37.9% with cost-to-borrow at 34.8% APR — and zero shares available to borrow. That's a powder keg for a squeeze if sentiment turns.
Rumble scores a 92.9 ORTEX short score with 20+ days to cover. Bears are deeply committed, but the clock is ticking.
Data sourced from ORTEX. 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.