Short sellers had a busy week. Wolfspeed saw the sharpest jump among large-caps. Its SI % of Free Float leapt 20 points in seven days to 72.5%. Availability is zero — there are no shares left to borrow. Bears have locked in their bets, and there's no room for new ones.
Carvana is another standout mover. SI surged from 2.1% to 9.6% in a week — a more than 4x jump. With a $54bn market cap and Iran-driven macro uncertainty rattling risk assets, traders appear to be fading the used-car rally.
Lyft also attracted fresh shorts. SI climbed to 29.3%, up 5.1 points on the week. The ride-hail sector faces persistent profitability questions. Lyft's CTB remains cheap at 0.43%, suggesting there's no squeeze pressure yet.
On the other side, STAAR Surgical saw its SI collapse 14.7 points to 94%. Shorts are quietly covering after a prolonged bear trade. Rumble also saw meaningful cover, with SI falling 5 points to 20%.
The macro backdrop matters here. Iran tensions are pushing oil higher and rattling sentiment. That typically benefits short sellers in high-beta, debt-heavy names — exactly where the biggest SI jumps appeared this week.
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.
