Short sellers turned notably more aggressive last week. GME saw one of the biggest SI jumps among large-caps. Short interest climbed to 17.1% of free float, up from 13.6% a week ago — a 3.5 percentage point rise. Availability of shares to borrow sits at just 34%, a sign that demand from bears is intensifying.
WOLF (Wolfspeed) is another name under pressure. SI hit 51.6% of free float, up 3.4pp in seven days. The semiconductor stock has surged 135% over three months, yet bears refuse to back down.
ONDS (Ondas) is drawing attention today. Short utilisation hit 100% — shares are almost impossible to borrow. With 32.8% of the free float short and availability at just 0.8%, a squeeze setup is forming.
On the other side, KALV (KalVista Pharmaceuticals) saw the biggest short covering. SI dropped nearly 11pp in a week, falling from 64.8% to 53.9%. CAR (Avis Budget) followed with a 9.5pp decline. Bears are retreating from these beaten-up names.
SOUN (SoundHound AI) remains a social-media favourite with shorts attached. CTB stands at a punishing 24.2% APR — one of the highest in the market. Holding that position is expensive.
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.
