Current Short Position in CHWY
Chewy, Inc. (CHWY) is currently seeing 23 million shares held short, with a days-to-cover ratio of 2.1. Unlike many high-squeeze candidates, the borrow fee for CHWY remains low at 0.3%, suggesting that there is ample supply of shares available for lending. This indicates that while there is a significant short position, the market is not currently experiencing a 'hard-to-borrow' scenario.
Market Outlook
For investors tracking CHWY, the current data suggests a stable short-selling environment. The low borrow fee is a key indicator that short sellers are not facing significant costs to maintain their positions, which may reduce the immediate likelihood of a forced short squeeze compared to stocks with higher borrow costs and lower availability.
Signal data sourced from CurvedTrading. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.