Short sellers made bold moves this week. ORTEX data shows significant new positions across multiple sectors as of April 30.
Biggest new bets came in consumer and tech. SCHL (Scholastic Corp) saw short interest jump 8.2 percentage points in just seven days, hitting 21.9% of free float. FIG (Figma) followed close behind, rising 6.2pp to 24.9% of FF. MTN (Vail Resorts) also attracted fresh shorts, climbing 6pp to 22.3%.
Energy bears are circling SOC (Sable Offshore), now at 38.6% SI % FF — up 5.7pp on the week. Small nuclear name SMR (NuScale Power) also drew new shorts, rising 4.4pp to 21.8%.
Wolfspeed WOLF remains one of the most heavily shorted US stocks. SI % FF sits at 50.1%, creeping up another 4.2pp this week.
at (Avis Budget Group). SI % FF dropped a massive 35.6pp to 64.9% — significant unwinding after extreme bearish positioning.
PINS (Pinterest) saw bears retreat too, with SI falling 5.8pp to 14.8% — a meaningful cover as the stock gains traction.
APLS (Apellis Pharmaceuticals) shed 10.4pp of short interest, dropping to 15.6% — one of the biggest covers of the week among large caps.
This is not financial advice. ORTEX short interest data is estimated.
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.