Short sellers piled into WOLF this week. Short interest hit 131% of free float — up nearly 20 percentage points in just seven days. Availability is zero. There are no shares left to borrow. That is a locked-out borrow market.
CHWY also drew heavy new shorts. Its SI % FF jumped from 53% to 61% over the week. With a market cap near $5.4bn, the pet retailer remains a top bear target.
GRND was a surprise new entrant. Grindr's short interest leapt from just 2.3% to 12.9% — a near-sixfold jump in a week. That is a sharp new bearish position worth watching.
On the covering side, GLXY shorts kept retreating after earnings. ORTEX flagged the Galaxy Digital unwind as one of the highest-impact stories of the day. AUR also saw shorts retreat as options sentiment turned positive for the autonomous driving firm.
IONQ rounded out the covering names — shorts continued to exit the quantum computing stock as hedging activity rose.
The theme is clear: bears are building on beaten-down consumer and semiconductor names. Meanwhile, momentum AI and crypto plays are squeezing them out.
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.