WOLF leads all US stocks in short interest. Wolfspeed's shorts hit 119.7% of free float as of June 5. That's shorts exceeding the entire tradeable float. Zero shares remain available to borrow. Cost to borrow sits at 9.2% APR.
The chip-maker's short interest has doubled since early May. It stood at just 68% on May 6. Bears are piling in fast.
CHWY is another heavily targeted name. Chewy carries 58.7% short interest. Despite that, availability is high at 787%. Plenty of borrow remains — shorts aren't squeezed yet.
GRPN holds 66% short interest with near-zero availability at 0.5%. That's a squeeze setup worth watching.
DAVE saw the biggest US short interest jump this week. Shorts rose +8.4 percentage points to 28.8% of float in seven days. The fintech stock is gaining attention on social platforms as bears increase bets.
INDP is the week's sharpest mover. Shorts surged +20 points to 21.5%. Cost to borrow hit a steep 173.99% APR. Supply is drying up fast — availability sits at just 24.7%.
SPCE remains firmly in bear sights. Virgin Galactic sits at 27.2% short interest with zero shares left to borrow and a CTB of 12.2%.
Nasdaq surged over 200 points on Iran-Israel ceasefire news, boosting chip stocks. Any short squeeze in names like WOLF could be violent if sentiment shifts.
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.