Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers turned aggressive this week. The moves reveal fresh conviction in some surprising corners of the market.
CHWY leads the charge. Chewy's SI % of FF hit 57.9% — up +6.5 percentage points in just seven days. Bears are clearly not buying the pet e-commerce recovery story. Cost to borrow remains low at just 0.43%, meaning the trade is still cheap to put on.
DAVE is the week's biggest mover. The fintech lender saw its SI % of FF jump +13.7 points to 30.4%. That's an enormous build in a single week for a $3B company. Watch this one closely — high short interest combined with thin availability of shares to borrow could accelerate a squeeze.
GRND is newly in the crosshairs. Grindr short interest surged from just 1.4% to 12.4% of FF — a tenfold jump. Something has clearly spooked short sellers on the social app.
TEM — Tempus AI — also attracted heavy new shorts. SI hit 30.8%, up +7.4 points. Availability stands at just 38.7%, signalling borrowable shares are getting scarce.
On the other side, SHAK shorts covered aggressively. Shake Shack SI dropped -5.1 points to 12.8%. GAP saw similar covering, falling -4.6 points.
Classic meme names remain quiet. GME sits at 13.2% and TSLA at just 2.7% — both well off historic highs.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
