Short sellers made bold moves this week. Wolfspeed stands out as the most dramatic story, with SI % FF rocketing from 60.4% to 89.3% in just seven days — a jump of nearly 29 percentage points. That is the largest single-week surge in our dataset. Availability has collapsed to zero, meaning there are no shares left to borrow. Cost to borrow hit 17% APR. Bears are paying up to stay short.
Carvana saw a sharp move too. Its SI % FF climbed from 2.1% to 10.1% week-on-week — a fivefold increase. Carvana has surged in recent months, so the renewed short pressure signals growing skepticism about its $48bn valuation.
Lucid Group also attracted fresh shorts. SI % FF rose from 27.7% to 34.7%. The EV maker remains a perennial target but the acceleration is notable.
Chewy sits at 48% short interest of free float, up 7 points in a week. Lucky Strike Entertainment (LUCK) leads on days-to-cover at with a cost to borrow of — a punishing rate that could trigger a squeeze.
ARS Pharmaceuticals and PureCycle Technologies round out the most-shorted list, both above 46% of free float. Bears are not letting up on either name.
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.