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Market Commentary

Bears Pile In — and Some Run for Cover

By ORTEX News · Edited by , Editor, ORTEX NewsUpdated 1 min read

Produced automatically from ORTEX data and published under the ORTEX News editorial standards set by Peter Hillerberg, Editor, ORTEX News. How we publish

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Short sellers made dramatic moves this week. Dave Inc. saw the sharpest build-up, with SI % of Free Float jumping to 29.2% from 20.5% in just seven days — an 8.7 percentage-point surge. Fintech bears are clearly not done with the neobank.

WaterBridge Infrastructure also drew fresh shorts, with SI climbing to 35% of float. The midstream water infrastructure play is now firmly in bear territory.

The week's biggest short-squeeze candidate remains Wolfspeed. SI stood at a staggering 112% of float — but that's actually down from 131% last week. Bears covered 18.7 percentage points in seven days. With availability at zero and CTB at 9.3%, it remains a pain trade. The covering may not be voluntary.

Hertz stays one to watch. SI sits at 39.9% of float. Availability is near non-existent at just 1.8% of SI — a classic float trap flagged by ORTEX News.

CleanSpark bears showed rare discipline. SI dipped as the stock fell 15% on the week — shorts took profit rather than doubling down.

Short interest data as of June 4, 2026. Not financial advice.

How this article was generated

Generated
7 Jun 2026, 04:00
Prompt version
v1.0
Data sources
Short interestCost to borrowUtilizationAlt DataIndex Rebalance

ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.