Short sellers made bold moves this week. Wolfspeed topped the charts with a jaw-dropping 106% SI % FF — up 34 percentage points in just seven days. Shares to borrow have dried up entirely, with availability at zero. The struggling semiconductor firm is deeply underwater with short sellers, carrying over 8 days-to-cover.
Carvana was the week's most surprising addition to bear watchlists. SI % FF jumped from 2.1% to 10.1% — a near fivefold increase in a week. The used-car giant had been a market darling lately, which makes this surge notable. Bears appear to be fading the rally.
Lucid Group also saw fresh short pressure, climbing to 34.7% SI % FF, up 7 points week-on-week. Availability is almost non-existent at 0.28%, meaning new short positions are nearly impossible to open.
Chewy sits at 37.4% SI % FF — up nearly 6 points this week. Despite heavy bearish positioning, availability remains very high at 859%, suggesting shorts are not squeezed yet.
On the short-covering side, saw SI % FF drop sharply from 112% to — a 22-point unwind. also shed 5 points, falling to 19.5%.
Today's buzz: Bill Gates' foundation offloaded its last $3.2 billion stake in Microsoft. Short sellers will be watching whether that signals broader institutional caution.
This is not financial advice.
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.
