Short sellers made bold moves this week. Several mid-cap names saw dramatic positioning shifts in just seven days.
DAVE — the fintech lender — led all gainers in short interest. SI % of free float jumped to 32%, up from 16.8% a week ago. That's a 15-point surge in days. Bears are clearly betting against its recent rally.
GRND (Grindr) was the second-biggest mover. SI % FF leapt from just 1.9% to 13.6%. That's a massive new short position opening. It signals fresh bearish conviction on the social platform stock.
CHWY (Chewy) keeps drawing shorts. SI % FF rose to nearly 60%, up nearly 8 points on the week. It remains one of the most heavily shorted consumer names in the US market.
WOLF (Wolfspeed) holds the extreme end. SI % FF sits at a striking 127% — meaning shorts exceed the entire free float. Cost to borrow is a modest 10.5%, suggesting supply is still available.
On the covering side, SHAK (Shake Shack) saw its SI drop nearly 5 points to 12.8%. Bears retreated after a strong recent run for the burger chain.
AI health name TEM (Tempus AI) also saw shorts build. SI % FF climbed to 30.9%, up 7.5 points in a week. The stock has attracted attention amid the wider AI boom.
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.
