Short sellers are targeting Wolfspeed and Rumble this week. Both names saw notable pressure in the latest data.
Wolfspeed stands out as the biggest mover among mid-cap stocks. SI climbed to 50.2% of free float — up 3.2 percentage points in just seven days. That's one of the sharpest weekly jumps in the $500M+ universe. The chip maker has shed over half its value in the past three months.
Rumble carries an ORTEX short score of 93. SI sits at 25.5% of free float. Cost to borrow has spiked to 60%, signalling high demand for short positions. Availability is near zero at just 0.1% of SI — making new shorts very hard to establish. That squeeze setup is worth watching.
Vital Farms (VITL) also saw a sharp rise. SI jumped 3 percentage points to 37.4% of free float over the past week.
On the meme radar, Tesla remains lightly shorted at just 2.5% of free float. A new survey showing Tesla topping US brand loyalty is fuelling bullish chatter online — bears remain thin on the ground here.
Wheels Up holds the most extreme reading overall. SI stands at 174% of free float, with a short score of 89. The private aviation firm has lost 55% over three months.
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.
