Short sellers have been busy this week. DAVE saw the biggest jump — its SI % of Free Float nearly doubled in seven days, leaping from 16.8% to 32.1%. The fintech lender has become a prime target for bears.
GRND — Grindr — posted the most dramatic move. Shorts raced in from almost nowhere, with SI % FF surging from just 1.9% to 13.6% in a week. That's nearly a sevenfold rise. Traders on social platforms have taken notice.
CHWY remains one of the most heavily shorted mid-caps. Short interest climbed again to 59.7% of free float — up from 52% a week ago. Bears are not letting go.
WOLF — Wolfspeed — sits at a staggering 126.7% SI % FF. Cost to borrow has jumped to 10.5%. Zero shares are available to borrow. That's a powder keg.
On the squeeze side, SHAK saw shorts cut positions sharply. SI dropped nearly 5 percentage points in a week. That unwind helped fuel recent price gains.
Meanwhile, GME and — both social media darlings — saw shorts quietly trim bets. GME fell from 14.5% to 13.1%. Bears are growing cautious on the meme names.
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.
