Short sellers made bold moves this week. WOLF (Wolfspeed) stands out among mid-caps, with SI jumping to 60.4% of free float — up nearly 10 percentage points in seven days. Availability is zero, meaning new short positions are nearly impossible to open. The silicon carbide chipmaker has been under sustained pressure. Bears aren't letting up.
VEEV (Veeva Systems) also caught fresh attention. SI climbed from 3.8% to 7.2% in a week — a near-doubling of bearish bets on the $27B cloud software firm.
On the other side, AMC shorts covered sharply. SI fell from 16% to 12.2% in seven days. Bears are retreating from the cinema chain after months of pressure.
BDRX (Biodexa Pharmaceuticals) is the most extreme mover. SI hit 1,771% of free float — up from 112% just a week ago. Cost to borrow spiked to 503%. This is a micro-cap with only $3M market cap. Expect extreme volatility.
GME ticked up slightly to 14.8% SI. Reddit's meme favourite remains a perennial watch. (BigBear.ai) sits at 26% SI heading into its Q1 earnings print — bears are holding their ground.
Short interest data sourced from ORTEX. 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.
