Short sellers moved aggressively this week. Wolfspeed now has 134% SI of free float — up 26 points in seven days. With zero share availability and a 10.8% cost to borrow, bears are paying a premium to hold the position.
Chewy saw the next biggest jump. SI hit 64% of free float, climbing nearly 12 points in a week. The pet e-commerce name has steadily attracted shorts since April, rising from 42% to 64% in under a month.
Grindr stands out as a surprise new entry. SI leapt from just 2.3% to 12.9% in a single session. That is the sharpest one-day-equivalent jump on the list. It drew fresh attention across social trading platforms Wednesday.
Wingstop also caught bears' attention. SI climbed from 13.4% to 19%, even as BTIG reiterated a Buy rating with a $305 target today. That analyst-vs-short divergence is worth watching.
On the covering side, Fluence Energy saw shorts retreat. SI dropped 6 points to 24.9%. Shake Shack also saw notable covering, falling from 18% to 13.6%.
Hertz remains deeply shorted at 40.6% of free float with availability near zero. The stock continues to attract persistent bear interest.
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.
