Short sellers made bold moves this week. Wolfspeed saw the sharpest rise in bearish pressure among large-caps. Its SI % of Free Float jumped nearly 29 points in seven days — now sitting at 89.3%. Bears are betting hard on the chip maker's struggles.
Carvana also drew fresh short attention. SI % FF surged from 2.1% to 10.1% this week. The used-car retailer has been a social media favourite, making this a stock to watch closely.
Chewy and Lucid Group also saw notable increases. Chewy's short interest rose 7.4 points to nearly 48% of float. Lucid climbed 7.1 points to 34.7%.
On the squeeze side, KalVista Pharmaceuticals saw shorts retreat fast. SI % FF dropped 13 points to 41.1% in a week. Rumble shed 5.1 points, falling to 19.6%.
ORTEX data also flagged Aether Holdings — borrow costs are elevated ahead of earnings. Short sellers are loading up before the print.
Lyft rounds out the week's movers. SI % FF rose 4 points to 28.9%, a quiet but steady build in bearish pressure.
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.
