Short sellers are moving fast. Dave Inc. saw the sharpest weekly rise in bearish bets among US mid-caps. Its SI % of FF jumped to 29.2% from 20.5% in just seven days. That is an 8.8 percentage point surge — one of the biggest weekly moves in the market.
WaterBridge Infrastructure is also attracting bears. SI % FF hit 34.96%, up 7.4 points week-on-week.
The other side of the story is Wolfspeed. Bears cut positions hard. SI % FF fell from 131% to 112% over the week. That is still extreme — shorts outweigh the free float. But the direction has shifted. Cost to borrow sits at 9.3% APR with zero shares available to borrow. Any further short covering could be violent.
Polestar short interest climbed to 10.3%, with a cost to borrow of nearly 30% APR. Availability is just 8%. Bears are paying a heavy premium to stay short the struggling EV maker.
Despite Bitcoin turbulence this week, Strategy shorts remain modest at 12.2% of FF. GameStop sits at 13.3%. Tesla bears have largely stood down — SI % FF is just 2.7%.
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.
