Short sellers made bold moves this week. Three popular names saw short interest jump sharply between May 4 and May 11.
WOLF leads the charge. Wolfspeed's SI % of Free Float rocketed from 52.1% to 72.5% — a 20-point surge in just seven days. The semiconductor firm has surged 196% in three months. Bears are clearly fading that rally hard. Cost to borrow sits at 2.5%, suggesting supply of borrowable shares remains available.
CVNA draws fresh short interest. Carvana's SI % FF jumped from 2.1% to 9.6% in a week. That's a near-fivefold increase. The used-car platform has been a battleground stock for years. Shorts appear to be rebuilding positions.
LYFT also attracts bears. SI climbed from 24.2% to 29.3%. PLAY (Dave & Buster's) similarly rose from 32.1% to 37.7%.
On the other side, STAA (STAAR Surgical) saw SI fall sharply — from 108.8% to 94.1%. Shorts are covering. The stock still carries the highest SI % FF of any name over $300M market cap.
Among extreme shorts, SNSE (Sensei Biotherapeutics) tops the list at 108% SI % FF with a blistering 221% cost to borrow. SPRY (ARS Pharmaceuticals) sits at 65% SI % FF with 25.6 days to cover — a classic squeeze setup.
GRPN (Groupon) remains stubbornly shorted at 50.5% of free float, with DTC of 9.2 days.
This is not financial advice. Short interest data is estimated.
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.
