Bears Circle Salesforce as Wolfspeed Hits 119% Short

Short sellers are making notable moves this week. Data dated May 26 shows several sharp shifts across US markets.

WOLF remains the most extreme case. Its SI % of Free Float hit 119%, up from 113% a week ago — a 5-point jump in seven days. Zero shares are available to borrow. The cost to borrow sits at 11%. Bears are piling in with no exit room.

PAYC is a fresh escalation story. Short interest climbed to 14.8% of FF, up from 11.3% last week — a 3.5-point rise. The payroll software firm has drawn growing sceptic attention as earnings scrutiny builds.

SPB saw the second-largest weekly jump. Spectrum Brands went from 13.6% to 20.5% SI % FF in just five days, a gain of nearly 7 points.

On the other side, AAL saw shorts retreat. American Airlines short interest fell from 12% to 10.3%, as bears trimmed positions after a period of elevated pressure.

CRM is in focus ahead of earnings. Salesforce carries 8.1% SI % FF with bears rebuilding, per ORTEX signals — analysts are split on the print.

DY tells the squeeze story of the week. Dycom surged 26% after blowout earnings. Short interest sits at 7.1% FF — those caught short are nursing heavy losses.