Short sellers had an active week. Wolfspeed saw the biggest move among mid-cap names. Its SI % of FF jumped to 74.4% from 53.2% in just seven days — a 21-point surge. Availability sits at zero. Borrowing costs have risen to 3.9%. Bears are clearly not done.
Carvana also drew fresh short attention. SI % FF climbed from 2.1% to 10.4% over the past week. That's a five-fold increase. With a $52B market cap, it's now one of the most-watched large-cap short setups.
Lucid Group continues to attract bears too. SI % FF rose to 34.6%, up from 27.2% a week ago. Lyft also saw a pick-up, moving to 29.2% from 24.4%.
On social media, GameStop is trending again. CEO Ryan Cohen publicly slammed eBay's board after a $56B takeover bid was rejected. GME's SI % FF sits at 16% with a cost to borrow of just 0.9% — low enough for shorts to stay comfortable for now.
STAAR Surgical remains the most shorted mid-cap with 94.9% SI % FF. Wolfspeed is close behind and climbing fast.
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.
