Short sellers made bold moves this week. Wolfspeed dominates the headlines — SI hit 113.8% of free float, up a massive 25 points in seven days. Availability stands at zero. Bears are fully loaded with no easy exit. The semiconductor firm's 209% three-month price rally has done nothing to shake conviction on the short side.
Wix.com is another notable riser. SI climbed to 29.1% of FF, up 2.9 points on the week. Bears are betting the website builder's recent strength won't last.
Quantum Computing Inc. sits at 31.6% of FF with barely any shares left to borrow — availability at just 2%. Any positive catalyst here could trigger a sharp squeeze.
On the other side, Grindr saw shorts flee. SI dropped from 7.75% to 2.35% — a 5.4-point cover in a single week. Bears clearly reassessed.
NVIDIA remains unbothered by shorts. SI is just after blowout Q1 earnings. The stock has no meaningful bearish pressure whatsoever.
Wolfspeed's zero availability is the week's starkest signal. A short covering event there could be dramatic.
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.
