Short sellers made bold moves this week. Dave Inc. saw the biggest jump — SI % of Free Float leapt from 16.7% to 30.4% in just seven days. That's a 13.7 percentage point spike, one of the sharpest single-week moves across mid-cap US names.
Grindr was another standout. SI rocketed from just 1.4% to 12.4%. Bears clearly turned aggressive on the social platform stock almost overnight.
Bullish sits at 32.4% SI % FF, up 9.3 points week-on-week. Tempus AI climbed to 30.8%, gaining 7.4 points. Both names show growing bearish conviction despite strong recent performance in AI-adjacent sectors.
Chewy remains one of the most shorted large names. SI hit 57.9% — up 6.5 points on the week. Availability is extremely high at 816%, so shorts can pile in cheaply.
Wingstop saw SI jump from 13.7% to 19.1%. The fast-casual chain has been under pressure from rising input costs.
Meanwhile, GameStop caught short sellers off-guard. A Q1 double beat and $2 billion buyback announcement sent the stock jumping today. SI sits at 13.2% — down 1.6 points on the week — as bears retreated ahead of results. Classic squeeze setup, and it delivered.
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.
