Short sellers tightened their grip on Wolfspeed this week. SI hit 117.5% of free float — one of the highest readings among US mid-caps. Borrowing costs stand at 10.2% APR. Critically, availability has dropped to zero, making fresh short positions nearly impossible to open. Any positive catalyst could trigger a violent squeeze.
Chewy is also under heavy pressure. Short interest sits at 52% of free float. The online pet retailer remains a favourite short target among retail bears, though the stock keeps attracting counter-bets from squeeze hunters on social platforms.
SoundHound AI holds 38% SI. The AI voice tech name continues to draw heavy short interest despite strong momentum in the sector.
The week's biggest mover was WaterBridge Infrastructure. SI jumped 15.5 percentage points in seven days — from 27.2% to 42.8%. That pace of build-up is unusual and worth watching closely.
On the other side, KalVista Pharmaceuticals saw shorts exit fast. SI dropped 9.3 points to 25%, with availability now at a whopping 1,422%. also saw 3.4 points of short covering — casino stocks are losing their appeal as a short trade amid improving macro sentiment around China travel.
LiveRamp shed 4 points of short interest in a week. Shorts are quietly unwinding there too.
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.
