Short sellers turned aggressive this week. Wolfspeed now sits at a staggering 134% SI % of FF — up 26 percentage points in just seven days. The chipmaker, burning cash in its SiC pivot, has zero shares available to borrow. That signals maximum bearish conviction.
Chewy also saw shorts pile in. Its SI % FF jumped nearly 12 points to 64%. Despite plentiful borrow availability at 446%, bears are betting the pet e-commerce play still has further to fall.
The week's surprise mover was Grindr. Short interest leapt from 2.3% to 12.9% — a near-sixfold increase. That kind of fresh build draws attention on social platforms and Reddit trading communities.
Tempus AI also attracted new shorts. SI hit 30.5%, up 7 points on the week. The AI healthcare stock carries tight borrow availability at just 27%. A squeeze risk lurks if sentiment turns.
Wingstop shorts rose 5.6 points to 19%. The fast-casual chain faces margin pressure fears amid high valuation.
On the other side, Fluence Energy shorts unwound sharply. SI dropped 6 points to 24.9%. Shake Shack saw a 4.4-point drop to 13.6%. Both names show short sellers closing out losing positions.
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.
