Trader notes, earnings previews, Confluences, weekly digests and roundups — long-form analysis grounded in ORTEX short interest, options flow and analyst data.
All articles — 31654 total
The most notable shift in SPY this week is not what bears have been doing, but what they have stopped doing. Short interest has pulled back materially after weeks of steady accumulation. Borrowed shares dropped to 93.6…
IWM has seen its most significant short-covering in weeks, yet the lending market has tightened further, leaving the Russell 2000 ETF in an unusual position: fewer shares short, but harder to borrow than at any point…
Options traders in the IWF iShares Russell 1000 Growth ETF turned measurably more defensive this week, even as short sellers remained a minor presence and borrow conditions stayed loose. The sharpest move in the data…
Short sellers in SHY, the iShares 1-3 Year Treasury Bond ETF, cut their positions by roughly a quarter in a single week, one of the largest weekly reductions in the past year. Short interest dropped to 5.4% of the free…
The iShares 7-10 Year Treasury Bond ETF (IEF) heads into the final stretch of October with short positioning gradually rebuilding and borrowing costs at their highest level in over a month, a mild but notable…
TLT has spent the past two weeks at the centre of a live macro debate, and the positioning data is now moving decisively in one direction: bears are covering. Short interest in TLT fell 13.3% over the past week to 106…
Bears have been stepping back from the EWW iShares MSCI Mexico ETF at a meaningful pace, even as options traders show growing caution about the near-term outlook. Short interest has fallen to 7.3% of free float, down…
EWC, the iShares MSCI Canada ETF, enters the final days of October with the short-interest picture that dominated last week's note now moving in the opposite direction. The reversal in short positioning is the week's…
DIA is flat on the week at $523.28, and the divergence flagged in last week's note has sharpened further: options traders remain more defensive than usual while the lending market has loosened to its roomiest level in…
FormFactor enters its October 28 earnings release with short sellers having cut their positions at one of the steepest rates of the past year, even as the stock itself is down about 1% on the week. Short interest…
RUSH.A reported Q3 results on October 27 against a positioning backdrop that had shifted abruptly in the preceding 48 hours, with short interest spiking into the print while options traders stayed firmly in the bull…
Flex Ltd. has dropped sharply over the past month, shedding 27% to close at $83.35 on October 27, even as an 8.3% bounce on Tuesday offered a brief reprieve. The stock is down 4.7% on the week, lagging most of its…
Royal Caribbean delivered a strong Q3 earnings print on October 27, and the market's reaction was immediate: the stock jumped 5.5% on the day to close at $295.92, adding to a 22% gain over the past month and capping a…
RDWR entered its earnings day riding a 21% weekly gain, with retail attention at multi-month highs and the CTO selling into the strength. The most striking data point this week is not in the lending market or the…
RenaissanceRe Holdings reported third-quarter results on October 28 with the stock already down 3.7% on the week, a sharper slide than almost any name in its peer group. Short interest at RNR is modest but has been…
GRMN reports Q3 results this morning, and the week's most interesting tension is the gap between what options traders signalled going in and how little conviction the short side has shown. The options caution flagged…
DMC reports Thursday with the stock down 7% over the past month and options positioning shifting notably more cautious ahead of the print. The clearest signal this week is in the options market. The put/call ratio has…
Arch Capital Group closed Tuesday at $100.34, down 2% on the day after reporting Q3 results, with short interest now at its highest level in at least a year at 2.5% of the free float. The short build has been the…
Woodward heads into its November 23 earnings down 8% in a month, with options positioning now less bullish than a week ago and short interest ticking up from its floor, yet the borrow market still offering almost no…
Whirlpool reported earnings on October 26 and the response from the Street has been swift and unanimous: every analyst who has filed since the print has cut their target, and the question now is less about the quarter…
