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Short sellers are making bold moves this week. Wolfspeed leads all large-cap movers. Its SI % of Free Float hit 60.4%, up nearly 10 percentage points in just seven days. Availability is at zero. Bears are locked in, and there is no room to borrow more.
Rumble carries a short score of 93.8 — near the top among $1B+ stocks. Cost to borrow sits at 28.8% APR. Despite a 29% price gain over three months, shorts refuse to cover.
SoundHound AI is another crowd favourite on social platforms. SI % FF stands at 37.5%, with virtually no shares available to borrow. A short score of 84 and a 22% cost to borrow makes any squeeze scenario expensive — but potentially explosive.
Veeva Systems is a notable new entrant this week. SI % FF jumped from 3.8% to 7.2% — a near-doubling in short positioning. That kind of rapid build warrants watching.
Galaxy Digital shorts held firm even as the stock surged 62% in a month. That is a costly conviction trade for bears still sitting on losses.
Meanwhile, Wheels Up tops the availability squeeze table. SI % FF is an eye-watering 174.6%, with only 0.18% availability. Any positive catalyst could trigger a violent cover rally.
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.
