Short sellers have been busy this week. Data as of May 13 shows several notable moves worth watching.
Wolfspeed is the standout mover among large-caps. SI hit 80.1% of free float, up from 57.6% just seven days ago — a jump of 22.5 percentage points. The semiconductor firm has zero shares available to borrow. Bears are firmly in control.
Carvana saw a sharp weekly spike too. SI climbed from 2.1% to 10.2% of FF, an 8-point jump in a week for the $50B used-car platform. That's a significant shift from a low-short base.
Lucid Group sits at 34.6% SI — up 7 points over the week. Borrow costs are rising at 10.6% APR. Availability is near zero at just 0.1% of SI. That combination screams squeeze risk.
Lyft also saw bears step up. SI now stands at 29.2%, up nearly 5 points. Unlike Lucid, borrow remains easy at 0.4% — so shorts face little cost pressure for now.
HCW Biologics surged 122% in after-hours trading Thursday. Its CTB sits at 330% — short sellers are paying dearly.
Among micro-caps, WOK saw SI explode from 5.8% to 145% in one week. Wild.
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.
