Short sellers made bold moves this week. WOLF — Wolfspeed — stands out as the most dramatic story. Short interest jumped nearly 29 percentage points in seven days. It now sits at 89.3% of free float. Availability of shares to borrow has hit zero. Cost to borrow is elevated at 17%. Bears are clearly piling in hard.
SOUN — SoundHound AI — remains a top target. Short interest is at 39.3% of FF. Borrow costs have climbed to 27.5%. Zero availability signals a heavily squeezed borrow market. Social media chatter around AI names keeps this one hot.
CVNA — Carvana — was the week's most surprising mover. SI jumped 8 percentage points to 10.1% of free float. The move is notable given Carvana's $49.8bn market cap. Bears are creeping back into a stock that many thought was untouchable after its recovery rally.
LCID — Lucid Group — also attracted fresh shorts. SI rose 7 points to 34.7% of FF. EV sentiment remains weak.
SPRY — ARS Pharmaceuticals — holds 65.2% SI with a short score of 85. Days to cover sits at 25.6. A squeeze setup if positive catalysts arrive.
One wild signal: ONFO borrow costs spiked 4,879% this week, though bears were already retreating by Friday. Watch for volatility Monday.
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.
