Short sellers are staying busy this week. Several names saw significant position buildups while others triggered sharp covering moves.
WOLF stands out as the week's most alarming mover. Wolfspeed's SI % of free float hit 50.1% — up 4.2 percentage points in just seven days. Availability is near zero at just 2.1%, signalling bears are not giving up on the struggling chipmaker. Cost to borrow sits at 2.5%.
VITL is another name drawing fresh shorts. Vital Farms' SI jumped to 37.1% of float, rising 5.3 points over the week. Availability has collapsed to just 1.8% — squeeze conditions are building.
SCHL saw the sharpest US-listed increase. Scholastic's short interest surged 8.2 points to 21.9% of float in a week.
On the covering side, CAR (Avis Budget) saw shorts retreat by a massive 35.6 points, dropping from 100.5% to 64.9% — a notable unwind. (Frontier Airlines) also saw a 6-point SI drop, despite ORTEX noting short sellers are still testing the story.
Ahead of earnings, BBAI shorts are holding firm at 26.2% of float with availability at a scarce 7%. RIVN sits at 17.2% short with ample availability — bears are patient but not panicking yet.
This is 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.
