Short sellers are doubling down on high-profile tech names. IonQ heads into earnings with 23.1% of its free float shorted. Availability sits at just 4% of short interest. Bears are firmly dug in ahead of the quantum computing firm's Q1 print.
SoundHound AI is even more exposed. Short interest hits 37.9% of free float. Cost to borrow has climbed to 50.7% APR. With availability near zero, any positive catalyst could force a violent squeeze.
Rumble carries the highest short score among larger names — 93.2 out of 100. Cost to borrow sits at 109.4% APR. Shorts are paying a steep premium to maintain positions in the video platform.
Snap tells a different story. A 37% rally has pushed shorts into retreat. SI stands at 9.8% — low cost to borrow at 0.43% signals fading bear conviction.
Among mid-caps, Figma saw the biggest 7-day SI jump. Short interest rose 6.2 percentage points to 24.9% of free float. Vail Resorts followed close behind, up 6 points to 22.3%.
On the micro-cap end, Onconetix saw SI explode from 14% to 213.8% in a week. That kind of move screams elevated squeeze risk for anyone caught short.
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.
