This article first appeared on GuruFocus.
The supplied source only contains the heatmap headline and ticker list, without the underlying short-interest percentages or ranking data. I can write the story accurately from that limited information, but I would not invent figures.
A group of heavily shorted stocks is drawing renewed attention as investors track companies facing elevated bearish positioning, with Wolfspeed (NYSE:WOLF), Purple Innovation (NASDAQ:PRPL), Recursion Pharmaceuticals (NASDAQ:RXRX) and Intellia Therapeutics (NTLA) among the names highlighted in a recent short-interest heatmap.
The list also includes BigBear.ai (NYSE:BBAI), Wendy’s (WEN), Virgin Galactic (SPCE), JetBlue Airways (JBLU), Plug Power (NASDAQ:PLUG) and several other companies with notable short interest. The data provides a snapshot of stocks where investors betting against shares have built relatively large positions.
Other names featured include Canadian Solar (CSIQ), Medical Properties Trust (MPT), Sunrun (RUN), Quantum Computing (QUBT), Beyond Meat (BYND), Asana (ASAN), UiPath (NYSE:PATH), Lucid Group (NASDAQ:LCID) and NNE.
Heavy short interest can increase volatility because bearish investors may need to buy shares to close positions if prices rise. At the same time, elevated short positioning does not by itself indicate that a stock is likely to decline.