Short sellers are not uniformly retreating despite the broader market's AI-driven gains. Wolfspeed saw the sharpest short interest jump among large-cap US stocks this week. SI % FF surged to 113.8% from 88.4% — a 25.4 percentage point jump in just seven days. The semiconductor maker has rallied over 208% in three months, yet bears are doubling down.
Wix.com is another name attracting fresh shorts. SI % FF climbed to 29.0% from 26.2% over the week. Quantum computing darling QUBT also drew more bearish attention, with SI rising to 31.6%.
On the squeeze side, Grindr saw short interest crater. SI dropped nearly 5.4 percentage points to just 2.4% of float. ADT shorts also covered aggressively, with SI falling from 8.2% to 5.5%.
In the broader market, AI chip names dominated headlines. Memory and power chip stocks are stealing the spotlight from NVDA, with , and all in focus. Meanwhile, gold ETF saw short interest surge 44.6% in a single week, reflecting safe-haven volatility.
Data sourced from ORTEX. 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.