Short sellers are on the move. Wolfspeed saw the biggest jump among mid-cap US names this week. SI % of free float hit 57%, up from 50.6% just seven days ago — a 6.4 percentage point leap. Shares to borrow are almost gone, with availability at just 0.7% of short interest. Bears are betting hard on the embattled chip maker.
GameStop is back in focus on social platforms. SI climbed to 15.1% of free float, up 1.3 points week-on-week. The cost to borrow remains cheap at 0.8%, suggesting shorts are comfortable holding. That could flip quickly if retail crowds pile in.
EV squeeze candidate Lucid Group looks increasingly vulnerable. SI sits at 32.6% — near critically tight supply, with availability at just 0.1% of short interest and CTB at 13%. Any positive catalyst could trigger a rapid unwind.
Syndax Pharmaceuticals quietly crept up to 29.4% SI, one of the largest week-over-week increases among $1B+ names. Meanwhile, KalVista Pharmaceuticals saw the opposite — shorts covered hard, with SI dropping nearly 9 points after a sharp price move.
Macro noise is adding fuel. Fed's Williams flagged ongoing economic uncertainty today. That uncertainty is keeping borrowing pressure elevated across rate-sensitive and speculative names.
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.
