Short sellers have been busy this week. Wolfspeed leads the charge among mid-caps with SI jumping to 72.5% of free float — up from 52.1% just seven days ago. That's a 20-point surge in a week. Shares to borrow are effectively gone, with availability at 0%.
Carvana is drawing fresh attention too. SI climbed from 2.1% to 9.6% of FF over the past week — a 7.5-point jump for a $54bn company. That's a meaningful move for a mega-cap. Bears appear to be fading the post-tariff rally.
AI voice platform SoundHound AI carries 40% of free float shorted at a cost to borrow of 32.8%. Availability sits at zero. That combination — high SI, zero shares available — makes it a powder keg for a squeeze.
Lyft is another name building short pressure. SI hit 29.3% of FF, up 5.1 points this week. The ride-hailing name has been volatile as autonomous vehicle headlines continue circulating.
Among extreme movers, micro-cap Biodexa Pharmaceuticals saw SI explode to from 87% a week ago. That is likely driven by a dilutive event rather than fundamental conviction.
On the short score front, Lucky Strike Entertainment scores 94 out of 100, with days-to-cover at 32. EverCommerce and Rumble round out the top three — RUM carries 20% SI and a cost-to-borrow of 27%.
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.
