Short sellers are making fresh moves this week. GameStop leads the charge among large-caps, with SI % FF jumping to 17.1% — up 3.5 percentage points in just seven days. The meme stock favourite is back on bears' radar. Michael Burry was also in the news this week for targeting Palantir's valuation, reminding markets that high-profile short sellers remain active.
Wolfspeed tells a grimmer story. SI % FF sits at a punishing 51.6%, up 3.4 points on the week. Availability is near zero at just 0.8% of short interest — meaning borrow is virtually gone. Any positive catalyst here could spark a violent squeeze.
Acadia Healthcare saw shorts build positions too, rising to 27.2% of free float. Vital Farms hit 37.5%, up 2.1 points.
On the other side, Avis Budget saw short interest drop nearly 9.5 points to 41.4%. KalVista Pharmaceuticals shed 10.8 points to 53.9% — a notable cover by bears. also saw shorts ease, falling 2.2 points to 42.9%.
Wheels Up remains one of the most extreme cases, with SI % FF at 174% and availability at just 6.5%. Shares to borrow are essentially cornered.
This note is for informational purposes only and does not constitute 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.