Persistent Short Pressure on Chewy
Chewy (CHWY) maintains its position as one of the most heavily shorted stocks in the US market, with short interest currently sitting at 74.1% of its free float. While short interest dipped slightly from 77.7% recently, the level remains exceptionally high. Notably, the stock still has significant borrow availability, with supply sitting at 484% of the current short interest, indicating that bears still have ample room to add to their positions if they choose. Despite the high short interest, the availability of shares suggests that the stock is not currently facing the same immediate squeeze risk as names like WOLF or HTZ.
Signal data sourced from Ortex. 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.