Short sellers are testing their nerve in semiconductors. WOLF (Wolfspeed) carries 50% short interest as a percentage of free float — up 3.2 points in a week — even as the stock has rallied 135% over three months. Options traders have stacked seven consecutive weekly expiries through June. INTC is up 170% year-to-date with RSI at 87. Both names look primed for volatility.
RUM (Rumble) cost to borrow hit 60% this week, up from 34% seven days ago. Availability is near zero at just 0.06%. SOUN (SoundHound AI) tells a similar story — CTB jumped from 19% to 35% with barely any shares left to borrow. High cost, low supply, and elevated short interest is a dangerous combination for bears.
Hedge fund Magnetar Financial filed to reveal it sold over $514 million in stock. The 10% owner executed 168 separate transactions between April 22 and May 1. CoreWeave only went public in March 2026. Bain Capital Life Sciences also filed a $57 million exit from this week.
UBS cut IP (International Paper) from Buy to Hold, slashing its target 20% to $32. That's the sharpest single analyst move today. On the brighter side, TXT (Textron) saw its consensus target rise to $103.45. TSN (Tyson Foods) also edged higher. Jefferies meanwhile maintained Buy on FICO but lowered its target to $1,700.
Over 1,800 companies report this week. FreightCar America grabbed attention in the short market — cost to borrow exploded 443% in one week to 3.67%, tightening ahead of its earnings release. Edwards Lifesciences appointed a new CFO, effective end of May, adding a leadership change to an already busy results calendar. European defense name Thales also reports today alongside Loews in the US.
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.
