Short sellers sharpened their teeth this week. Wolfspeed leads the pack with a staggering 134% SI % of FF — up 26 percentage points in just seven days. The semiconductor maker is in deep trouble. Availability sits at 0%, meaning bears have locked up every borrowable share.
Chewy is another notable mover. SI % FF jumped nearly 12 points to 64% over the week. The pet retailer has struggled with profitability fears, and short sellers are pressing hard.
Grindr saw one of the sharpest relative jumps. SI % FF surged from just 2.3% to nearly 13% in seven days — a fivefold increase. That kind of move signals fresh bearish positioning. Wingstop also attracted new shorts. Its SI % FF climbed 5.6 points to 19%, suggesting bears are questioning the fast-casual darling's valuation.
On the flip side, Fluence Energy saw shorts cover aggressively. SI % FF dropped over 6 points to 24.9%. Telesat saw the biggest unwind — shorts cut positions by 10 points, bringing SI down to 41%.
The Nasdaq hit a record high this week. That backdrop makes persistent short positions in names like Wolfspeed and Chewy increasingly painful to hold. Watch for potential squeeze dynamics, especially where availability is tightest.
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.
