Bears Pile Into DAVE, Corsair and H&R Block
Produced automatically from ORTEX data and published under the ORTEX News editorial standards set by Peter Hillerberg, Editor, ORTEX News. How we publish
Short sellers made aggressive new moves this week. Dave Inc. saw the biggest jump — SI % of Free Float leapt from 20.3% to 30.5% in just seven days. That's a 10 percentage point surge. Bears are clearly betting the fintech's run is overdone.
Corsair Gaming also drew fresh attention. SI % FF climbed from 12.2% to 17.7%, a gain of 5.6 points. The gaming peripherals maker has struggled with weak PC demand. Short sellers appear to see more downside ahead.
Tax prep giant H&R Block is another name bears are warming to. SI % FF rose from 14.8% to 17.5% this week. With tax season winding down, the seasonal revenue cliff may be what shorts are targeting.
Meanwhile, Broadcom is grabbing headlines for different reasons. The chipmaker's stock slid 15% Thursday after its revenue outlook disappointed. Despite the selloff, short interest remains minimal at just 1.1% of FF — investors appear to be buying the dip rather than piling in short.
On the meme stock front, GameStop SI % FF edged down slightly to 13.3%. AMC Entertainment sits at 9.3% — both stable, with no fresh squeeze catalysts visible.
NVIDIA and Tesla remain lightly shorted at 1.3% and 2.7% respectively. High-conviction long positioning continues to dominate both names.
This note is for informational purposes only and does not constitute financial advice.
How this article was generated
- Generated
- 4 Jun 2026, 16:03
- Prompt version
- v1.0
- Data sources
- Short interestCost to borrowUtilizationAlt DataIndex Rebalance
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.