Short sellers made notable moves this week. Paycom Software saw its short interest jump to 14.8% of free float — up 3.45 percentage points in seven days. That's a sharp climb for the HR software firm as investors question its growth outlook.
Spectrum Brands also drew fresh bearish attention. SI hit 20.5% of free float, up nearly 7 points in a week. Despite that, the stock has high borrow availability at 250%, so shorts can still easily get in.
The most extreme read remains Wolfspeed. SI sits at a staggering 119% of free float with zero availability — shorts are fully locked in. Cost to borrow is 11%, and the position has grown another 5 points this week.
On the other side, American Airlines is seeing bears exit fast. SI fell 1.7 points to 10.3% of free float. Borrow availability is massive at 735%, signalling very loose short conditions.
Coinbase is in focus after news Brian Armstrong opened paycheck routing to crypto. SI stands at 11.7% of free float. Shorts haven't moved sharply, but the stock stays a battleground name on social platforms.
This is 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.
