Short sellers are shifting fast this week. Wolfspeed saw the sharpest move — SI % of FF fell nearly 19 points to 112%. Bears covered aggressively, likely triggering squeeze dynamics in the battered chip stock.
Going the other way, Dave Inc. jumped 8.8 points to 29% SI % FF in just seven days. The fintech lender is drawing fresh bearish bets, making it one of the week's most notable new short targets.
SLM Corporation — better known as Sallie Mae — climbed 4 points to 16% SI % FF. With student loan policy still uncertain, bears are building positions fast.
On social media, call center stocks are trending after the FT reported hedge funds betting heavily against the sector. AI disruption fears are the driver. Concentrix already sits at 23% SI % FF. TTEC Holdings holds 32% SI % FF — one of the highest in the outsourcing space.
The most-shorted US stock remains Wolfspeed at 112%, ahead of at 81% and at 67%.
GameStop sits at 13% with almost no change — the meme-stock fire has cooled. Strategy inches up to 12% SI % FF as Bitcoin volatility keeps bears interested.
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.