Short sellers had a busy week. Two names stand out with dramatic moves in short interest over the past seven days.
WOLF (Wolfspeed) is the headline story. Short interest hit 72.5% of free float — up a massive 20 percentage points in just seven days. Shares to borrow have all but vanished, with availability at effectively 0%. The semiconductor company is deeply distressed, but this week bears doubled down hard.
LCID (Lucid Group) also saw a sharp rise. SI % FF jumped from 27% to 34.5% week-on-week. Cost to borrow climbed to 11% — a sign of rising conviction among short sellers. The EV maker remains a firm favourite for bears.
CVNA (Carvana) posted the biggest surprise. SI % FF leapt from just 2.1% to 9.6% in a week — a near five-fold increase. With a $54bn market cap, that is a large bet against a stock social media investors have championed.
LYFT also drew fresh shorts, with SI rising to 29.3% from 24.2%. The ride-hailing stock is active on social platforms this week alongside news around Trump's China visit.
On the extreme end, STAA (STAAR Surgical) sits at 94% short interest of free float — one of the highest readings in the market today.
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.
