Group 1 - Short interest in U.S. President Donald Trump's social media company has increased significantly following a recent merger announcement, indicating that some traders anticipate a decline in the stock's recent gains [1]

Core Viewpoint - UiPath Inc. is set to join the S&P MidCap 400, leading to a 5.6% increase in its share price to $16.81, as it replaces Synovous Financial, which is being acquired [1] Group 1: Stock Performance - The stock is currently supported at the $16 level, following a pullback from its year-to-date high of $19.84 on December 8 [1] - UiPath has shown a 36% lead for 2025 and has increased by 54% over the last nine months [1] Group 2: Short Interest and Market Sentiment - Short interest in UiPath remains high, accounting for 11.5% of the total available float, with a 15.3% increase in the last two weeks [2] - The majority of brokerage firms are skeptical, with 18 out of 19 firms maintaining a "hold" or worse rating [2] - Short-term options traders are exhibiting more bearish sentiment, as indicated by the low Schaeffer's put/call open interest ratio [2] Group 3: Options Activity - Today's options trading shows a significant increase in call options, with 70,000 calls traded, which is double the intraday average volume, compared to only 10,000 puts [3] - The most popular options contract is the January 16, 2026, 20-strike call [3]

Core Viewpoint - The market is currently cautious as the SPX approaches potential resistance levels, with a 25-basis point rate cut already factored in by investors [1][3]. Market Performance - The SPX closed at 6,827.41, marking a historically weak seasonal period for the index, with the first half of December averaging a -0.07% return over the past 50 years [2]. - Notable winners in the market included silver, gold, industrials, and financials, while technology stocks, particularly Oracle and Broadcom, experienced declines due to poor earnings reactions [1]. Seasonal Trends - Historically, the second half of December is the strongest period for the SPX, averaging a 1.30% increase, with positive returns occurring about 75% of the time [4]. - If the SPX closes at 6,764.00 or higher, it is likely to see a continuation of this trend, with an average return of 1.86% into the end of the year [4]. Investor Sentiment - There is a significant short interest in SPX components, which could provide future buying power and support during pullbacks [10][13]. - Active investment managers are currently fully invested, which may limit their ability to provide support in the near term [10][16]. Resistance Levels - The SPX must break through established resistance around the 6,900 mark to trigger major short covering and facilitate a rally [14]. - The market has struggled to regain momentum since closing below the bottom rail of a bull channel in mid-November [6][16].

Core Viewpoint - Clear Secure has a clear path to growth in the near future, as indicated by a significant stock price increase following an upgrade from a top bank [1]. Company Summary - Clear Secure's share price surged by over 13% to $41.19, driven by an upgrade from J.P. Morgan [1][5]. - J.P. Morgan analyst Cory Carpenter upgraded Clear Secure's rating to overweight (buy) from neutral and raised the price target by 20% to $42 per share [2]. - The company has the highest short interest in J.P. Morgan's coverage universe, which may be influenced by its partnership with American Express, set to expire in June 2026 [4]. Industry Summary - Factors such as the upcoming 2026 World Cup are expected to drive revenue for the broader travel industry, which will ultimately benefit Clear Secure [6]. - The travel sector is anticipated to experience growth next year, aligning with Carpenter's optimistic outlook for Clear Secure [6].

Core Insights - Short interest data provides insights into investor sentiment and potential risks in the stock market, helping gauge market confidence in a company's future [1] - A stock is deemed heavily shorted when a significant percentage of its available shares are borrowed and sold by investors anticipating a price drop [2] - Short squeezes can occur when short-sellers rush to cover their positions, leading to rapid price increases, as seen in recent meme stock manias [3] Short Interest Overview - The most heavily shorted stocks as of November 13 include Lucid Group, Inc. (48.99%), Choice Hotels International, Inc. (46.71%), and Avis Budget Group, Inc. (46.13%) [5] - Stocks are ranked by short interest, which is the total number of shares sold short and not yet covered, expressed as a percentage of shares available for public trading [4] Market Dynamics - Highly shorted stocks represent a battleground where negative fundamentals meet speculative trading [7] - Monitoring short interest can help identify potential short squeeze candidates, although timing such trades is challenging due to high volatility [7]

Group 1 - Dell Technologies Inc (NYSE:DELL) is experiencing a decline of 2.7%, trading at $142.62, marking its sixth consecutive daily loss, despite a year-to-date gain of 22.5% [1] - The stock reached a 52-week peak of $168.08 on November 3 and is expected to report third-quarter results at the end of the month [1] - The stock is approaching a historically bullish trendline, indicating a potential reversal in its downward trend [1] Group 2 - DELL has retraced to its 50-day moving average, being within 0.75 of the trendline's average true range (ATR), after remaining above it 80% of the time in the past two months [2] - Historical data shows that similar signals have occurred seven times in the past decade, with the stock rising one month later every time, averaging a 17% gain, which could position DELL around $166 [2] Group 3 - Short interest in DELL has increased by 12.2% in the most recent reporting period, representing 4.2% of the stock's total available float, with a buyback period of almost two days at the average trading pace [4] - Options for DELL are currently priced to sell, with a Schaeffer's Volatility Index (SVI) of 49%, placing it in the 20th percentile of annual readings [5] - The stock tends to outperform options traders' volatility expectations, as indicated by a Schaeffer's Volatility Scorecard (SVS) of 77 out of 100 [5]

Core Insights - Short interest data provides insights into investor sentiment and potential risks in the stock market, helping gauge market confidence in a company's future [1][2] - Understanding short interest calculations and interpretations can lead to better investment decisions and awareness of price movement influences [1] What Is Short Interest Data? - Short interest measures the number of shares sold short but not yet repurchased, expressed as a percentage of the float or as a "days to cover" ratio [2] - FINRA is the official source for short interest data in the U.S., collecting reports from broker-dealers twice monthly [3][4] Data Sources and Reporting - Exchanges like Nasdaq and NYSE also publish short interest figures, but FINRA is mandated to collect and disseminate this information [4] - Brokerages may provide daily short interest data from various sources, but official figures are reported semi-monthly [5] Interpreting Short Interest - High short interest indicates bearish sentiment, suggesting many investors expect a price decline [6] - Conversely, excessively high short interest can lead to a short squeeze if positive news prompts short sellers to cover their positions [7] Using Short Interest Data - Short interest data can help traders and investors identify opportunities, manage risks, and understand market sentiment [9] - Context is crucial; short interest should be analyzed alongside other metrics like volume, float, and price action for effectiveness [11] The Takeaway - Effective use of short interest data involves more than just looking at percentage figures; combining it with other analytical tools can reveal signs of risk or sentiment shifts [12][13] - Investors may track short interest across sectors to gauge broader sentiment changes [14]

Group 1 - Target Corp is laying off 1,800 corporate employees, which is 8% of its workforce, in an effort to rebuild its customer base amid ongoing sales struggles [1] - The stock is currently trading at $95.42, up 1.2%, after hitting a five-year low of $85.36 on October 10, and has a year-to-date deficit of 30% [1] - The stock is facing resistance from the 126-day moving average, indicating a challenging recovery path [1] Group 2 - The call options for Target Corp have seen increased popularity, with a 50-day call/put volume ratio of 1.83, ranking higher than 86% of readings from the past year [2] - Short interest in the stock has risen by 27.6% over the last two reporting periods, accounting for 4.5% of the total available float [3] - It would take nearly three days for short sellers to cover their positions based on the current short interest [3]

Summary of Key Points Core Perspective - The total short interest in Nasdaq securities has increased slightly, indicating a growing bearish sentiment among investors as of the settlement date of September 30, 2025 [1][3]. Group 1: Nasdaq Global Market - At the end of the settlement date of September 30, 2025, short interest in 3,366 Nasdaq Global Market securities totaled 14,078,324,727 shares, up from 14,035,983,054 shares in the previous period [1]. - The average short interest represented 2.16 days compared to 2.49 days in the prior reporting period, indicating a decrease in the average time shares are held short [1]. Group 2: Nasdaq Capital Market - Short interest in 1,675 securities on The Nasdaq Capital Market reached 3,220,349,947 shares, an increase from 3,110,176,592 shares in the previous reporting period [2]. - The average daily volume for this segment was 1.00 day, down from 1.08 days in the prior period [2]. Group 3: Overall Nasdaq Securities - The total short interest across all 5,041 Nasdaq securities was 17,298,674,674 shares at the September 30, 2025 settlement date, compared to 17,146,159,646 shares in the previous reporting period [3]. - This represents an average of 1.71 days of short interest, a decrease from 2.01 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].

Core Viewpoint - Dollar Tree Inc (NASDAQ:DLTR) has experienced a downgrade from Jefferies, leading to a decline in stock price and a significant cut in earnings forecast, raising concerns about execution risks and external pressures [1] Group 1: Stock Performance - Dollar Tree's stock is currently trading at $85.61, down 2.4% following the downgrade [1] - The stock has been on a downward trend since early September, marking its lowest levels since May, with a potential fifth consecutive drop [2] - Despite recent declines, shares have increased by 14% since the beginning of the year [2] Group 2: Market Sentiment and Technical Indicators - The stock's 14-day relative strength index (RSI) is at 25.6, indicating it is in "oversold" territory [3] - Short interest in Dollar Tree has risen, now representing 8.5% of the equity's available float [3] - A high put/call volume ratio of 2.06 suggests significant pessimism among options traders, ranking higher than 98% of readings from the past year [4] Group 3: Options Market - Options for Dollar Tree are currently reasonably priced, with a Schaeffer's Volatility Index (SVI) of 42%, placing it in the low 23rd percentile of its annual range, indicating low volatility expectations [5]