Short sellers made sharp moves this week. Dave Inc. saw the biggest jump — SI % of FF leapt from 16.8% to 32.1% in seven days. That's a near-doubling of bearish bets on the fintech lender.
Grindr was another standout mover. Short interest surged from 1.9% to 13.6% of free float. That's an 11-point rise in a week — a new and aggressive short position building fast.
Wolfspeed remains the most extreme name in the market. SI sits at 126.7% of free float. Zero shares are available to borrow. Cost to borrow is 10.5% APR. Shorts added another 9 points this week. A squeeze here looks very difficult to trigger.
Chewy is also deeply shorted at 59.7% of free float. Short interest rose nearly 8 points in seven days. Availability is high at 690%, meaning bears can still add positions easily.
On the other side, Shake Shack saw shorts covering. SI dropped nearly 5 points to 12.8%. saw the biggest unwind — down 15.5 points to 27.2%. Bears are retreating from both names.
Tempus AI added 7.6 points to reach 30.9% short. The AI-linked healthcare data firm is drawing growing bearish attention.
This note is for informational purposes only and does not constitute 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.
