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%. 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.
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.
