Latest news with #Russell2000GrowthETF
Business Insider
12-07-2025
- Business
- Business Insider
Short Report: Mobileye bears fade stock bounce
Welcome to this week's installment of 'The Short Interest Report' – The Fly's weekly recap of short interest trends among some of the most widely followed high-short-float stocks. Using the data from our partner which utilizes the latest information from stock lenders to estimate short interest changes for thousands of publicly traded companies, this report will screen for some of biggest changes in short interest as a percentage of free float and days-to-cover ratios while also considering the short interest data on some of the more volatile and heavier-traded names of the week. Based on the availability of data from Ortex, the report tracks the trading period that covers prior Friday through Thursday of this week, excluding holidays. As a basis of comparison for stocks discussed below, the S&P 500 index was flat, the Nasdaq Composite was up 0.1%, the Russell 2000 index was up 0.6%, the Russell 2000 Growth ETF (IWO) was up 0.4%, and the Russell 2000 Value ETF (IWN) was up 1.0% in the four-day trading session range through July 10th. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. SHORT INTEREST GAINERS Ortex-reported short interest in MobilEye (MBLY) had tracked in 22%-23% range from the last week of April through the first week of July, though this week has seen a more pronounced increase in bearishness. Shorts as a percentage of free float rose from 22.5% to 26.3% – a two and a half month high while days-to-cover rose from 5.2 to 5.6, just as shares fell over 10% in a two-day span through Thursday and 13% in the four-day period covered. The stock had tracked strength in Tesla (TSLA) following its Austin cybertaxi launch in late June, though the bullish sentiment and a higher-than-expected Q2 revenue pre-announcement this week was overshadowed by the company's 50M share secondary, along with the announcement that Intel (INTC) is selling 8% of its 88% holding in the company. The stock was down another 3% on Friday and has now lost 19% year-to-date. Ortex-reported short interest in Quantum Computing (QUBT) had matched an all-time high of 25% established in late 2024 for the third time in the last week of June, though this week has finally seen the bearish appetite reach a new peak. Shorts as a percentage of free float on the name jumped from 23.9% all the way to 27.6%. The stock, meanwhile, corrected about 9%, consolidating a 41% run of the prior two weeks. Quantum Computing was down another 9% on Friday, though even after this week's declines, the stock is still trading up 5% year-to-date. Ortex-reported short interest in NuScale Power (SMR) had been in retreat over the second half of May when the stock price began its steep climb higher, though the bias reversed course two weeks into the move and bears were more inclined to increase exposure, even with the run-up in the stock price through the entire month of June. This week, shorts as a percentage of free float rose from 20.7% to nearly 23%, which is also less than one percent away from the highest level in short interest since February. The stock was up less than 1% in the four-day period covered through Thursday, though Friday saw shares gain over 4%. Year-to-date, NuScale Power has now doubled. SHORT INTEREST DECLINERS Ortex-reported short interest in Petco Health (WOOF) rose from about two percentage points to 32% over the first half of June in the wake of the company reporting a worse than expected set of earnings on June 5th that also saw the stock crater some 35% in two-week time. Shares have since bounced from their June 17th lows, gaining nearly 30%, and short positioning as a percentage of free float has also receded. This week, short interest on Petco fell from 29.5% to 23.7% – a one year low. Ortex data echoes exchange-reported short interest which was last reported down from nearly 30% to 25% as of June 30th. In the four-day period covered, the stock was flat.
Business Insider
30-06-2025
- Business
- Business Insider
Short Report: Rocket Companies short interest at record high
Welcome to this week's installment of 'The Short Interest Report' – The Fly's weekly recap of short interest trends among some of the most widely followed high-short-float stocks. Using the data from our partner which utilizes the latest information from stock lenders to estimate short interest changes for thousands of publicly traded companies, this report will screen for some of biggest changes in short interest as a percentage of free float and days-to-cover ratios while also considering the short interest data on some of the more volatile and heavier-traded names of the week. Based on the availability of data from Ortex, the report tracks the trading period that covers prior Friday through Thursday of this week, excluding holidays. As a basis of comparison for stocks discussed below, the S&P 500 index was up 2.7%, the Nasdaq Composite was up 3.2%, the Russell 2000 index was up 2.8%, the Russell 2000 Growth ETF (IWO) was up 2.9%, and the Russell 2000 Value ETF (IWN) was up 2.7% in the five-day trading session range through June 26. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. SHORT INTEREST GAINERS Ortex-reported short interest in Rocket Companies (RKT) resumed its climb this week after taking a brief pause last week as shortsellers are becoming increasingly more emboldened by the cracks in the housing market amid steadily rising inventories. Shorts as a percentage of free float reached a record high of 55.3% in the first week of June, pulled back to 48%, but this week, the short interest hit new record highs of 55.8%. With rising volume, days to cover on the name was up by a much more modest increment – from 8.0 to 8.1. The stock has rebounded from its early-May lows by 30%, while year-to-date, Rocket is up 26%. In the five-day period covered, shares were up 5%. Ortex-reported short interest on Dave & Busters (PLAY) bounced from 25.5% level on June 23rd just as it did before on June 9, though the extent of bearish appetite was notably greater. Shorts as a percentage of free float on the stock for the week rose from 28.7% all the way to 34.4% – a six-week high. Meanwhile, with strong volume responding to the company's impressive Q1 earnings beat on June 10th, days-to-cover on the name was down from 6.3 to 5.8. In the five-day period covered, Dave & Busters has come off about 5%, though shares have still doubled from early April lows. Since September of last year, Ortex-reported short interest on Mara Holdings (MARA) has seen its peaks correlate with major upward inflections and its trough with downward inflections in the stock price, making this week's large jump in bearish expression somewhat suspicious. Shorts as a percentage of free float rose from 24.8% to 28.5%, though days to cover on the name was little changed at 4.4, which tracks with an increase in trading volume amid heightened volatility in the crypto-verse. In the five-day period covered, Mara shares are up 5.4%, though year-to-date, the stock is down 10.4%. Ortex-reported short interest in Madrigal Pharmaceuticals had troughed at a 10-month of 31% on June 13th but saw a spike this week from 31.3% to 38.4% – a five-week high. Days to cover on the stock remained unchanged around 6.1 amid an increase in trading volume, especially over the past two days. With no news catalysts, the stock was up about 6% in the five-day period covered through Thursday, though year-to-date, shares are still down by 2.5%. Souring sentiment on EVs has sent shares of charging infrastructure play EVgo (EVGO) to 9-month lows as recently as March, though the stock has been trading with more conviction over the past three months, sending some of the bears to the exits. This week, shorts as a percentage of free float on EVgo fell particularly steeply, slipping from 23.6% to 20.2%. The sharp decline also matches exchange-reported data, which saw a drop of over four percentage points to 20.5%. The stock was down 9% in the five-day period covered but remains higher by 72% from its March lows and now trades down just 8% year-to-date.
Business Insider
13-06-2025
- Business
- Business Insider
Short Report: Short interest in JetBlue receding
Welcome to this week's installment of 'The Short Interest Report' – The Fly's weekly recap of short interest trends among some of the most widely followed high-short-float stocks. Using the data from our partner which utilizes the latest information from stock lenders to estimate short interest changes for thousands of publicly traded companies, this report will screen for some of biggest changes in short interest as a percentage of free float and days-to-cover ratios while also considering the short interest data on some of the more volatile and heavier-traded names of the week. Based on the availability of data from Ortex, the report tracks the trading period that covers prior Friday through Thursday of this week, excluding holidays. As a basis of comparison for stocks discussed below, the S&P 500 index was up 1.8%, the Nasdaq Composite was up 1.9%, the Russell 2000 index was up 2.1%, the Russell 2000 Growth ETF (IWO) was up 1.6%, and the Russell 2000 Value ETF (IWN) was up 2.6% in the five-day trading session range through June 12. Confident Investing Starts Here: SHORT INTEREST GAINERS Ortex-reported short interest on United Parks & Resorts (PRKS) hit its lowest level of two months at 19.4% on Monday, though bearish interest was piqued the rest of the week, with shorts as a percentage of free float jumping two points to 21.4%. Days-to-cover on the name has also turned higher, rising 60bps to 8.1, with volumes on the name remaining steady. Heading into the company's mid-May earnings, shares had erased all of the macro-induced declines seen in early April, though United's softer than expected earnings and revenue eventually saw price action pivot lower over the past month despite sell-side commentary attributing the underperformance to factors such as the weather. Shares are now down 12% from pre-earnings levels and were off by 1.5% in the five-day period covered. Year-to-date, the stock is also down about 26%. Ortex-reported short interest on 800-Flowers (FLWS) has seen its upward slope steepen since January, and this week, bearish appetite was particularly pronounced. Shorts as a percentage of free float on the stock jumped from 57.8% to a new record high of 68.4%, topping last month's high-water mark of 67.5%, while days-to-cover on the name rose from 16.0 to 16.3. Likewise, the Ortex estimates are in step with exchange-reported data, which saw short interest on 800-Flowers hit record high above 73% as of May-end. In the five-day period covered through Thursday, the stock is up 1.4%, though year-to-date, shares have shed 38%, with the most recent decline in price reflecting the management's decision to pull guidance due to macro uncertainty. Ortex-reported short interest on Kura Sushi (KRUS) troughed in the 16%-17% range over the mid-March to late-April period but has since turned higher, with bears still questioning the recent bounce in the stock price. This week, shorts as a percentage of free float was up three percentage points to 27.8%, a seven-month high, and days to cover jumped 100bps to 7.3. Exchange-reported data also support the Ortex estimate as it has seen short increase rise from 16.3% mid-April to 26.6% by May-end. In the five-day period covered through Thursday, the stock is up 7.1% and shares have doubled from April lows, though year-to-date, Kura Sushi is still down about 11%. Following a surge during the month of March from 23% to 31%, Ortex-reported short interest on HighPeak Energy (HPK) retreated to 24% by late April. Following quieter May however, bears are biting into the name harder this week. In the five-day period covered through Thursday, shorts as a percentage of free float were up from 27.2% to roughly 30%. The stock price, meanwhile, has tracked the resurgence in optimism for the Energy sector. In the five-day period covered, HighPeak shares were up 7% and have now gained 44% from late-April lows. The stock is also up about 4% in early Friday trade, tracking the rally in oil prices. Ortex-reported short interest in JetBlue Airways (JBLU) peaked around 23% in late April, though despite shares starting to roll over after gaining 16% over the month of May, bears have turned more skittish. Shorts as a percentage of free float were down three points this week to 17.5% and days-to-cover on the name was down a decimal to 3.2. Exchange-reported data through May-end has likewise shown a drop from 20.6% to 17.3%. The stock, meanwhile, was down 2.9% in the five-day period covered and has traded off by another 4% in the opening hour of Friday session, with airlines bearing the brunt of an oil price shock following Israel's surprise strike against Iran overnight as well as more cautious sentiment following Air India Boeing crash yesterday.
Business Insider
09-06-2025
- Business
- Business Insider
Short Report: Short interest in Clear Secure hits record high
Welcome to this week's installment of 'The Short Interest Report' – The Fly's weekly recap of short interest trends among some of the most widely followed high-short-float stocks. Using the data from our partner which utilizes the latest information from stock lenders to estimate short interest changes for thousands of publicly traded companies, this report will screen for some of biggest changes in short interest as a percentage of free float and days-to-cover ratios while also considering the short interest data on some of the more volatile and heavier-traded names of the week. Based on the availability of data from Ortex, the report tracks the trading period that covers prior Friday through Thursday of this week, excluding holidays. As a basis of comparison for stocks discussed below, the S&P 500 index was up 0.5%, the Nasdaq Composite was up 0.6%, the Russell 2000 index was up 1.2%, the Russell 2000 Growth ETF (IWO) was up 2.0%, and the Russell 2000 Value ETF (IWN) was up 0.3% in the five-day trading session range through June 5. Confident Investing Starts Here: SHORT INTEREST GAINERS Ortex-reported short interest in Hims & Hers (HIMS) hit a record high of 37.6% in the first week of May as bears questioned the rebound in shares over the prior two weeks. With the sharp bounce persisting into mid-May – the stock ended up more than doubling from mid-April to May 14 peak – shorts then reduced their exposure to just north of 30%. This week however, bearish appetite in this volatile name has resurfaced. Shorts as a percentage of free float rose from 30.7% to 33.6% and days-to-cover was up from 1.2 to 1.6 even though trading volumes remained steady. The stock was up less than 1% in the five-day period covered through Thursday, but inclusive of Friday's 6.8% jump, shares are now up 133% year-to-date. Ortex-reported short interest in Clear Secure (YOU) had tracked sideways in a 20.5%-23.5% range from mid-February through the final week of April, though bearish appetite has picked up notably through May and into June even though the stock has traded without much conviction on either side. In the five-day period covered, shorts as a percentage of free float rose from 27.2% to 29.3% – a record high, while days-to-cover reached a three-month high with a 90 basis point advance to 6.5 amid thinner volume. Shares were up 6.8% in the five-day period covered, though year-to-date, Clear Secure shares are still down about 2%. Ortex-reported short interest in Designer Brands (DBI) troughed around 23% in the final week of April but has since shot higher in spite of the bounce in the stock price. This week, shorts as a percentage of free float jumped from 27.7% to 32.2% – the highest level in nearly five months. Likewise, despite the steady levels of trading volume, days-to-cover on the name also shifted notably, rising from 4.9 to 8.4. Ahead of Designer Brands' Q1 results on deck for next week, over the five-day period covered through Thursday, the stock rose 1.1% and relative to its April lows, shares are up 57% – inclusive of Friday's 5% gain. Year-to-date, the stock is still down 28.5%. Ortex-reported short interest in Gogo (GOGO) had started its collapse from high-altitude levels above 30% to less than 27% in mid-March when the company disclosed a Supplemental Type Certificate FAA approval for its tail mount terminal for Gulfstream aircraft, sending its stock higher by 25% within a week. Bearish positioning was then dealt a blow in early May when the company's Q1 results and affirmed guidance also featured the disclosure of a PMA – Parts Manufacturer Approval – for its Galileo FDX antenna, sending short interest down to fresh seven-month lows below 26%. This week, short-covering momentum continued, with shorts as a percentage of free float falling another two and a half points 21.8% – the lowest level since late October. Meanwhile, the stock picked up about 3% in the five-day period covered this week and also has now registered a 37% gain year-to-date. Last week, Ortex-reported short interest in AST SpaceMobile (ASTS) reached the highest level since late March of around 30%. This week however, shorts as a percentage of free float shrunk to 25.5%, while the stock staged a steep 30% jump in the five-day period covered. Driving short-sellers to the exits was an Instagram post by AST SpaceMobile board member Adriana Cisneros titled 'Amazing things are happening at AST & Science + @blueorigin', which has elevated speculation that Amazon's Jeff Bezos might become an ASTS investor. Year-to-date, AST SpaceMobile shares are now up about 48%.
Business Insider
02-06-2025
- Business
- Business Insider
Short Report: Bears questioning Cinemark, Groupon rallies
Welcome to this week's installment of 'The Short Interest Report' – The Fly's weekly recap of short interest trends among some of the most widely followed high-short-float stocks. Using the data from our partner which utilizes the latest information from stock lenders to estimate short interest changes for thousands of publicly traded companies, this report will screen for some of biggest changes in short interest as a percentage of free float and days-to-cover ratios while also considering the short interest data on some of the more volatile and heavier-traded names of the week. Based on the availability of data from Ortex, the report tracks the trading period that covers prior Friday through Thursday of this week, excluding holidays. As a basis of comparison for stocks discussed below, the S&P 500 index was up 1.2%, the Nasdaq Composite was up 1.3%, the Russell 2000 index was up 1.5%, the Russell 2000 Growth ETF (IWO) was up 1.3%, and the Russell 2000 Value ETF (IWN) was up 1.6% in the four-day trading session range through May 29. Confident Investing Starts Here: SHORT INTEREST GAINERS Ortex-reported short interest in Cinemark (CNK) has tracked sideways in 16% to 22% range from mid-March until the final week of May, even though the stock has enjoyed a runup of about 35%. This week however, short positioning as a percentage of free float has jumped more dramatically, increasing from 18.8% to a four-month high of 26.6%. Sentiment on the stock has remained positive following the company's Q1 results on May 2nd as shares have gained 13% since those earnings inclusive of Friday's 2.5% rally and were up 1.6% in the four-day period covered through Thursday, though bears are increasingly questioning whether the robust box office slate will match demand from tightening consumer budget. Ortex-reported short interest on Groupon (GRPN) had fallen precipitously from 67% in late December to a ten-month low of 26% on Monday as bears fled the tripling in the stock price that started in mid-March after the company's Q4 results and was spurred further by another strong performance in Q1. The rest of the week however, shorts as a percentage of free float turned higher, rising from 26% to nearly 29%, even though the price action is not yet matching the increased willingness by the bears to test the sustainability of the bounce. In the four-day period covered, Groupon shares were up 10.4%, and year-to-date, the stock has gained 140%. Ortex-reported short interest on Avis Budget (CAR) has continued to increase sharply, rising another five and a half percentage points this week to 47.8%. Shorts as a percentage of free float on the stock troughed at just 12% in late January prior to the start of its run, and the current levels are now the highest since June of 2020. The stock, meanwhile, bottomed in mid-March but has since more than doubled from those lows, with a year-to-date gain topping 50%. This week, Avis Budget shares were up 1.5% in the four-day period through Thursday. Ortex-reported short interest on Sunrun (RUN) had peaked around 35% in late April and receded to about 29% over the next three weeks, though this week has seen shorts as a percentage of free float jump again while the stock sold off heavily. Bearish positioning rose to 31.1% and days-to-cover on the name was up 30 basis points to 4.5. The stock, meanwhile, was up about 2% in the four-day period through Thursday and ended the week with a 9% jump on Friday, though shares are still down 43% from their recent peak on May 13 and down 19% year-to-date. SHORT INTEREST DECLINERS Ortex-reported short interest on Guess (GES) had peaked at 39% in mid-March before a buyout offer from private equity name WHP Global had scurried bears to the sidelines with a 13 percentage point retreat that accompanied a 25% jump in the stock price. Authentic Brands Group (AUTH) had joined the bidding war for Guess in late April, giving the stock price another jolt higher and the rebuilding shorts another blow. This week, as the company prepares to report its Q1 results on Thursday, shorts as a percentage of free float on Guess fell from 25.8% to 20.2% – a one-year low. Guess shares were flat in the four-day period covered but slipped 6% on Friday. Relative to the level just before the WHP bid however, the stock is still up 7%.
