Short sellers turned aggressive this week. Wolfspeed now carries a staggering 134% SI % FF — up 26 points in just seven days. That means more shares are shorted than exist in the free float. Borrow availability has hit zero, making new short positions nearly impossible to open.
Chewy is the week's second-biggest mover. SI % FF jumped 12 points to 64%. Bears are betting the pet retailer keeps struggling despite a broad retail recovery.
Grindr (GRND) saw a sharp 10.6-point rise to 12.9% SI % FF in one week. That's fast movement for a social platform stock. Borrow is still cheap, signalling bears are just arriving.
On social platforms, SoundHound AI and Lucid Group remain firmly in the conversation. SOUN sits at 37% SI % FF with a cost to borrow of 19%. LCID is at 36% with borrow cost above 13%. Both have near-zero availability. A short squeeze remains plausible for either name.
On the cover side, Fluence Energy saw bears retreat — SI % FF fell 6 points to 24.9%. Tempus AI bucks the AI crowd; its SI jumped 7 points to 30.5%. The market isn't sold on its valuation yet.
This note is for informational purposes only and 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.
