Bears Circle Wolfspeed, Scholastic & Figma

Short sellers picked their spots this week. Three names stand out above the crowd.

WOLF topped the large-cap SI movers list. Wolfspeed's short interest hit 50.1% of free float — up 4.2 percentage points in just seven days. Shares available to borrow are wafer-thin at just 2.1% of SI. That combination of extreme shorting and near-zero availability is a classic short-squeeze setup.

SCHL saw the biggest weekly jump. Scholastic's SI leapt 8.2 percentage points to reach 21.9% of FF. The children's publisher has struggled with shifting consumer habits. Availability sits at a comfortable 112%, so bears can still pile in.

FIG was another new entrant. Figma, the recently-listed design platform, climbed to 24.9% SI — up 6.2 points on the week. With availability at only 4.7%, borrowing stock is already getting tight.

MTN also drew fresh attention. Vail Resorts hit 22.3% SI, up 6 points. Weak snow seasons and high debt continue to dog the ski operator.

On the squeeze-watch side, VITL caught the eye. Vital Farms carries 37.1% SI but availability has collapsed to just 1.8%. Any positive catalyst could force rapid covering.

BTDR rounded out the week's notable movers. Bitdeer Technologies now sits at 39.2% SI, up 4 points, as crypto miners remain a popular bearish target.

Not financial advice. Short interest data sourced from ORTEX estimates.