Market Trends & Short Interest - Small cap value stocks, oil stocks, and building stocks have been heavily shorted, but this trend is reversing [1] - Institutions are currently underinvested in energy, building materials, and small cap value [2] - There is concern about excessive excitement surrounding large cap growth stocks, which dominate the S&P 500 [3] Company Performance & Valuation - 10 out of 14 companies in the Russell 3000 that have more than tripled since April 8 lows are not generating profits [1] - A dental implant company, Zimvi, experienced a 122% increase in stock price due to a takeover offer and high short interest [1] - Oracle's valuation, trading at approximately 35 times forward earnings, is causing some concern [4] - Oracle's backlog has increased by 100% year-over-year, positioning it as a major internet provider [5] Investment Strategy - It is advisable to own names that the market is short or underowned, while being cautious of overowned names [2] - Trimming the Oracle position is considered appropriate, but exiting entirely is not recommended due to the company's growth potential and strong position in data and AI [4][5] - Oracle's advantage in AI stems from corporations using its software to store and analyze data [6]

Group 1 - At the end of the settlement date of June 30, 2025, short interest in 3,257 Nasdaq Global Market securities totaled 14,138,758,851 shares, an increase from 13,689,191,607 shares reported for the prior settlement date of June 13, 2025 [1] - Short interest in 1,636 securities on The Nasdaq Capital Market totaled 2,790,159,938 shares at the end of the settlement date of June 30, 2025, compared to 2,687,331,325 shares in the previous reporting period [2] - Overall, short interest in all 4,893 Nasdaq securities totaled 16,928,918,789 shares at the June 30, 2025 settlement date, up from 16,376,522,932 shares at the end of the previous reporting period [3] Group 2 - The mid-June short interest represents 2.59 days compared to 2.32 days for the prior reporting period [1] - The average daily volume for the Nasdaq Capital Market was 1.00 day for both the current and previous reporting periods [2] - The overall average daily volume for all Nasdaq securities was 1.72 days, unchanged from the prior reporting period [3] Group 3 - The open short interest positions reported for each Nasdaq security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations [4] - A short sale is defined as the sale of a security that the seller does not own or any sale consummated by the delivery of a borrowed security [4]

Short Interest Data - Most websites with stock quotes offer free short interest data [1] - The report encourages learning more about what shorting information means [1] - The report directs readers to find short interest data online [1]

Joining us now is S3 Partners founder and managing director Bob Sloan along with Sarati who is still still here with us uh all hour long. So Bob, we've got a couple of earnings coming up. We've got FedEx tonight. We've got uh Micron tomorrow. I think we've got Nike coming up.Um any anything you can kind of look at and tell us how you think those stocks might perform. Well, we don't have a really a call on those stocks. You know, we do make individual calls sometimes because we think there's a tremendous cor ...

Core Viewpoint - Rigetti Computing Inc (NASDAQ:RGTI) has experienced a significant 1,070% gain over the past year, but has seen a decline of 25% year-to-date in 2025, with a 5.3% drop in June alone. The current pullback is testing a historically bullish signal [1]. Group 1 - RGTI has pulled back to its 50-day moving average, being within 0.75 of the trendline's 20-day average true range (ATR) after spending at least 80% of the last 10 days and two months above it. Historical data shows that in three similar instances over the past three years, RGTI was higher one month later, averaging a 4.4% gain [2]. - The trendline previously provided resistance before the recent pullback, indicating a potential shift in market sentiment [2]. Group 2 - A decrease in short interest could provide positive momentum for RGTI, with bearish bets down by 16% in the latest reporting period. However, 55.28 million shares sold short still represent 19.3% of the stock's total available float [3]. Group 3 - The 14-Day Relative Strength Index (RSI) for RGTI is currently at 30, nearing "oversold" territory, suggesting a potential short-term rebound could occur [5].

Group 1 - At the end of the settlement date of May 30, 2025, short interest in 3,184 Nasdaq Global Market securities totaled 13,504,275,894 shares, a decrease from 13,735,568,588 shares reported for the prior settlement date of May 15, 2025, indicating a decline in short interest [1] - Short interest in 1,632 securities on The Nasdaq Capital Market totaled 2,610,068,615 shares at the end of the settlement date of May 30, 2025, down from 2,731,907,808 shares in the previous reporting period [2] - Overall, short interest in all 4,816 Nasdaq securities totaled 16,114,344,509 shares at the May 30, 2025 settlement date, compared to 16,467,476,396 shares at the end of the previous reporting period, reflecting a decrease in short interest across the board [3] Group 2 - The average daily volume for short interest in the Nasdaq Global Market decreased from 2.41 days to 2.19 days, while the Nasdaq Capital Market maintained an average of 1.00 day [1][2] - The total number of shares sold short by all broker/dealers is reflected in the open short interest positions reported for each Nasdaq security, indicating the level of market sentiment towards these securities [4]

Group 1 - Sezzle's shares have shown significant volatility, reflected in a high two-year beta of 4.41 [1] - The company has a high short interest of 10.75% and a small free float, indicating potential market concerns [1]

Summary of Key Points Core Viewpoint - The total short interest in Nasdaq securities has increased, indicating a growing bearish sentiment among investors as of the settlement date of April 30, 2025 [3]. Group 1: Nasdaq Global Market - Short interest in 3,156 Nasdaq Global Market securities totaled 13,300,707,903 shares, up from 13,211,633,004 shares in the previous reporting period [1]. - The average short interest represents 2.40 days compared to 1.76 days in the prior reporting period [1]. Group 2: Nasdaq Capital Market - Short interest in 1,636 securities on The Nasdaq Capital Market reached 2,645,060,429 shares, an increase from 2,609,354,721 shares in the previous period [2]. - The average daily volume remained stable at 1.00 day for both reporting periods [2]. Group 3: Overall Nasdaq Securities - Total short interest across all 4,792 Nasdaq securities was 15,945,768,331 shares, compared to 15,820,987,725 shares in the previous reporting period [3]. - The average daily volume for all securities increased to 1.92 days from 1.52 days in the prior period [3]. Group 4: Short Sale Definition - A short sale is defined as the sale of a security that the seller does not own or any sale consummated by the delivery of a borrowed security [4].

Group 1 - SoFi Technologies Inc (NASDAQ:SOFI) has seen a 2% increase in stock price, reaching $12.96, and has only finished lower once since April 22, following positive fiscal second-quarter results [1] - The stock has become one of the most popular among options traders, with over 2.9 million calls and 1.2 million puts traded in the last 10 days, indicating a bullish sentiment [2] - The stock's 10-day total options volume stands at 4.17 million, ranking it among the top options traded stocks [3] Group 2 - Short interest in SoFi has increased to 13.8% of the stock's available float, suggesting a growing bearish sentiment despite the stock's strong performance [5] - The stock has faced resistance at the $14 level, and year-to-date, it is down 15.6% [5]

Summary of Key Points Core Viewpoint - The total short interest in Nasdaq securities has increased slightly, indicating a potential shift in market sentiment towards short selling as of April 15, 2025 Group 1: Nasdaq Global Market - Short interest in 3,143 Nasdaq Global Market securities totaled 13,211,633,004 shares, up from 13,072,444,217 shares in the previous reporting period [1] - The mid-April short interest represents 1.76 days of average daily volume, a decrease from 2.64 days in the prior reporting period [1] Group 2: Nasdaq Capital Market - Short interest in 1,634 securities on The Nasdaq Capital Market totaled 2,609,354,721 shares, down from 2,682,510,166 shares in the previous reporting period [2] - This represents an average daily volume of 1.00 day, compared to 1.12 days in the prior reporting period [2] Group 3: Overall Nasdaq Securities - Total short interest across all 4,777 Nasdaq securities reached 15,820,987,725 shares, an increase from 15,754,954,383 shares in the previous reporting period [3] - The average daily volume for this total is 1.52 days, down from 2.14 days in the prior reporting period [3] Group 4: Short Sale Definition - A short sale is defined as the sale of a security that the seller does not own or any sale consummated by the delivery of a borrowed security [4]