Bears Pile Into CD Projekt and Wolfspeed

Short sellers made bold moves this week. CD Projekt saw the sharpest SI jump in the market. Short interest leapt from 2.9% to 22.1% of free float in just seven days.

Wolfspeed remains in the danger zone. SI sits at 86.5% of free float, up another 5.5 points over the past week. Availability of shares to borrow has dropped to zero. With a cost to borrow of just 3.5%, bears still have cheap access — but that could change fast.

Galectin Therapeutics continues attracting extreme short pressure. SI holds at 68.7% of float with a short score of 90. Only 19.6% of existing short interest has available stock to borrow. That tightness raises squeeze risk.

Lucky Strike Entertainment is another name under fire. SI sits at 21.8% with a cost to borrow of 29.4% — one of the highest among larger names. Short sellers are paying dearly to stay in.

On the other side, Stock Yards Bancorp saw covering accelerate. SI dropped 24% in one week to just 4.1% of float. Post-acquisition integration appears to have eased bear conviction.

Marex Group grabbed attention for a different reason. Its cost to borrow spiked 512% over one week, hitting 3.56%. The underlying SI remains modest at 4.4%, but borrow demand is rising fast. Watch this one closely.