Sell alert: Nvidia stock shorts rocket to two-week highs

Summary:⚈ Nvidia short interest surged to 54.48 as stock peaked in early May⚈Pre-market decline suggests a potential correction amid rising bearish bets⚈ Upcoming AMD earnings may validate or challenge Nvidia’s recent rallyFollowing Nvidia (NASDAQ: NVDA) stock’s strong rally in the early days of May, short sellers have taken to growing their bearish bets, with the NVDA short volume ratio rising to two-week highs at 54.48 on Friday.The increase in bearish bets came as the semiconductor giant’s equity ended t ...