Short sellers moved aggressively this week. DAVE — the fintech lending app — saw its short interest jump to 29.2% of free float, up from 20.5% just seven days ago. That is an 8.8 percentage point rise. Bears are clearly growing more skeptical.
WaterBridge Infrastructure followed close behind. Its SI hit 35%, up 7.4 points over the same period.
On the other side, Wolfspeed is seeing short sellers retreat. SI sat at 112% of free float last week. It has since dropped to 112.5% — still extreme, but with bears cutting positions by nearly 19 points. Cost to borrow stands at 9.3%. Availability is zero. This stock remains a powder keg.
GME sits at 13.3% SI. MSTR is at 12.2%. Neither moved dramatically week-on-week. Headlines note Bitcoin weakness after Strategy's latest share sale rattled crypto traders — a potential headwind for MSTR bulls.
Corsair Gaming short interest rose to 17.2%, up 3.2 points in a week. With AI threatening legacy hardware demand, bears are taking aim at gaming peripherals names again.
TSLA remains lightly shorted at just 2.7% of free float. NVDA sits at 1.3%. Mega-cap tech remains off-limits for most short sellers.
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.
