Short sellers made bold moves in the past week. Data as of June 2 shows some sharp jumps — and some notable retreats.
DAVE tops the movers list. Short interest hit 30.4% of free float, up from just 16.7% a week ago — a near-doubling in seven days. The fintech lender has drawn fresh bearish attention as investors question its lending model.
GRND (Grindr) saw the second-biggest spike. SI jumped from 1.4% to 12.4% in a week. That is a dramatic move for a consumer social app and bears watching.
TEM (Tempus AI) is another standout. SI climbed to 30.8% from 23.3%. With only 38.7% availability relative to SI, borrowing is getting tight — squeezing potential bears.
On the other side, shorts covered hard at CHWY (Chewy). SI remains elevated at 57.9%, but it was 51.4% last week — bears are adding, not retreating here. Meanwhile, GME holds at with low cost to borrow at 0.62%.
PANW rallied after smashing Q3 estimates. Shorts there sit at just 3.3%. Bears in that name are losing ground fast.
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.
