Short interest in DAVE surged 10 percentage points in just one week. The fintech's SI % of Free Float hit 30.5% as of June 3, up from 20.3% the prior week. That's the sharpest seven-day jump among US mid-caps tracked by ORTEX.
WOLF (Wolfspeed) sits at the opposite extreme. SI stands at a massive 114.6% of free float — down sharply from 134% a week ago. Short sellers are covering fast. Zero shares remain available to borrow, and the cost to borrow stands at 9.4% APR. A squeeze remains a live risk.
CHWY saw its short interest drop 7 points to 57% of free float. Covering pressure eased after pet retailer shares moved on earnings momentum.
Gaming hardware maker CRSR saw SI climb 5.5 points to 17.7%. The sector has faced headwinds from weakening PC demand.
In the news, AVGO shed $285bn in market value after its revenue outlook missed. Despite the selloff, Broadcom's SI remains tiny at just — institutions are not betting against this chip giant.
LULU fell on a weak outlook. Its SI at 6.2% of FF is modest, but that could change quickly if sentiment deteriorates further.
Data as of June 3, 2026. 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.
