Short sellers ramped up bets across several popular names this week. Wolfspeed leads the pack with a staggering 131% SI % of FF — up nearly 20 percentage points in just seven days. Zero shares are available to borrow. The distressed chipmaker is firmly in bears' crosshairs.
Chewy saw its short interest climb to nearly 61% of free float, up from 53% a week ago. That's a sharp 7.9 percentage point jump. Despite the rise, borrowing costs remain low at 0.46%, with ample supply — so further shorting is possible.
Grindr posted the most dramatic relative jump. Its SI % of FF leapt from just 2.3% to 12.9% in one week — a near 5x increase. Social chatter around the stock has picked up alongside the bearish positioning.
Tempus AI also drew fresh short interest, rising 7.2 percentage points to 30.5% of FF. Availability sits at a tight 26%, signalling limited room for further short builds.
On the other side, Shake Shack saw shorts flee — SI dropped 5.3 percentage points to 12.8%. Meanwhile, saw short interest plummet 27% in a week, with bears clearly covering 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.