Short sellers turned aggressive this week. Wolfspeed saw the most dramatic move — its short interest hit 134% of free float, up 26 percentage points in just seven days. Zero availability remains. Bears have effectively locked up every borrowable share.
Chewy is next in line for attention. SI jumped nearly 12 points to 64% of free float. With 446% availability, shorts have room to press further if sentiment sours.
The week's biggest surprise was Grindr. Short interest leapt from just 2.3% to 12.9% — a near-six-fold increase in seven days. That is a sharp new bearish bet on the social platform, worth watching.
SoundHound AI holds a costly 18.9% borrow rate with 37% SI. Borrowing this name burns cash fast.
Wingstop climbed five points to 19% SI. The fast-casual chain has seen rising scrutiny from bears recently.
On the social media favourites front, sits at 14.7% SI. — newly targeted in a $17.6 billion take-private deal — holds 11.7% SI. Deal shorts may unwind fast.
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.
