Short sellers turned up the heat last week on two mid-cap names. WOLF saw its short interest jump 15.8 percentage points in seven days. Bears now hold 130% of the free float — a striking overshoot that signals heavy synthetic selling. The cost to borrow stands at 9.4% APR.
CHWY also drew fresh attention from bears. Short interest climbed to 59.3% of free float, up nearly 8 points on the week. The pet-products retailer has been a favourite short thesis for years on margin pressures.
Smaller names saw even sharper moves. DEVS rocketed from 5% to 282% SI % FF in just five days — a micro-cap squeeze setup. ASTC made a similar leap, hitting 229%.
On the flip side, GME shorts are retreating. SI % FF fell from 14.4% to 13.0% this past week. The stock was back in headlines after famed short-seller Andrew Left of Citron Research was found guilty of securities fraud. Bears seem cautious.
SOUN — a social-media favourite AI play — also saw shorts trim positions slightly. SI dropped to 36.9%, but the cost to borrow remains elevated at 16.3% APR, pointing to lingering bearish conviction.
Mega-caps TSLA and NVDA remain lightly shorted at 2.7% and 1.3% respectively, with bears showing little appetite.
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.
