Short Sellers Pile In — and Bail Out

Bears made big moves this week. Dave Inc. saw the sharpest short interest jump among mid-caps. Its SI % of free float leapt from 20.5% to 29.2% in just seven days — an 8.8 percentage point surge. Shorts are clearly questioning the fintech's momentum.

WaterBridge Infrastructure also drew fresh bearish attention. SI climbed from 27.6% to 35.0%, up 7.4pp in a week. That puts it among the most heavily shorted names in the US mid-cap space.

On the cover side, Wolfspeed remains extreme but bears are retreating. SI fell from 131% to 112% of free float — an 18.7pp drop. Shorts covered heavily even as the stock stays in distressed territory.

GameStop is grabbing social media attention again. SI sits at 13.3% of free float. An investor call looms and options defensiveness is deepening, per ORTEX data. The setup is drawing squeeze watchers.

CoreWeave is another hot name. The AI infrastructure firm carries 17.8% SI ahead of its June 8 earnings print. Its CEO has been selling into weakness. Shorts are reloading. The availability reading sits at 567% — plenty of stock left to borrow.

American Airlines saw notable short covering. SI dropped 1.4pp to 9.9%. Bears appear to be stepping back from the trade.

This is not financial advice.