Wolfspeed is the week's standout short target. Its short interest hit 94.9% of free float — up from 83.7% just seven days ago. That's an 11.2 percentage point jump in a single week. The beleaguered chipmaker is now one of the most shorted stocks in the US market by this measure.
Chewy continues to draw heavy bearish attention. SI sits at 52.2% of free float, up 2.1 points week-on-week. Short sellers show no sign of retreating from the pet retailer despite a volatile meme-stock history.
NANO Nuclear Energy also saw shorts creep higher. SI rose to 25.9%, up 2.2 points over the week. The small-cap nuclear play remains a favourite bearish bet.
On the meme front, GameStop shorts edged up slightly to 16.2% of free float. Bears are cautiously rebuilding positions after years of squeezes. Strategy holds steady at 12.1% SI, with Bitcoin's price action driving sentiment.
Tesla and NVIDIA remain lightly shorted at 2.75% and 1.2% respectively — bears have largely given up fighting these megacaps.
Rocket Lab, fresh off a $90M US Space Force contract, saw shorts trim slightly to 5.5%. That news may accelerate further short covering.
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.
