WOLF is the most extreme short story in US markets right now. Short interest sits at a staggering 131% of free float as of May 28. That jumped nearly 20 percentage points in just seven days. The silicon carbide chipmaker has been bleeding cash, and bears show no sign of backing down. Cost to borrow stands at 10.7%, and available shares to borrow have hit zero.
CHWY is another name drawing heavy attention. SI % FF climbed to 61%, up nearly 8 points in a week. Despite social chatter around a potential Ryan Cohen catalyst, short sellers are piling in — not running.
GRND saw one of the sharpest week-on-week jumps. Short interest surged from 2.2% to 12.7% of free float — a 10-point spike. That's a rapid change of view from the market on Grindr.
On the flip side, short covering dominated in SHAK and FLNC. Shake Shack shorts fell over 5 points. Fluence Energy saw a similar retreat.
Social favourites GME, TSLA and COIN stayed quiet. All saw minimal SI change. GME remains elevated at 14.9% of float, but momentum has stalled.
The week's real action was in smaller names moving fast — not the meme staples.
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.
