Short sellers ramped up positions sharply this week across several US names, with semiconductor firm WOLF leading the charge.
Wolfspeed hits 131% SI — the biggest mover of the week. Short interest jumped nearly 20 percentage points in seven days, now sitting at 131% of free float. That figure reflects heavy borrowing against a battered float. Cost to borrow stands at 10.7%, but availability has hit zero. Bears are locked in tight.
CHWY also saw a notable rise. Chewy's SI climbed from 53% to 61% of free float over the past week. The pet retail stock remains one of the most shorted mid-caps in the US. Shorts have nearly doubled their position since May 1.
GRND, the dating app Grindr, saw a sudden short interest spike — jumping from just 2.3% to nearly 13% in a single week. That's a 10.6 percentage point move. The stock had been trending lower on social media feeds before the surge.
On the other side, JKS (JinkoSolar) saw shorts retreat sharply. SI dropped 27% in one week, falling to just 3% of float. Cost to borrow remains negligible at 0.44%.
TEM (Tempus AI) and WING (Wingstop) also attracted fresh short attention, both rising over 5-7 percentage points week-on-week.
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.
