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SOSOUNTrader Note · Nasdaq
SOUN: Stock Gains Ground as Shorts Stay Pinned and Bulls Pile Into Calls
SoundHound AI heads into the week with a familiar split — the stock just posted its best weekly gain in over a month, yet the short position barely budged and the borrow market remains completely frozen. The price move is the new development. SOUN closed at $6.96 on July 6, up 8.75% on the week and 6.3% on the day alone. That rally happened against a short book that has not…
7 Jul 2026, 17:36·1 min read
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ANETTrader Note
Arista jumps 8% as earnings loom and founder trims
Arista Networks enters earnings season with the stock running hot, analysts broadly constructive, and its founder quietly reducing his stake — a tension worth watching as Q2 results approach on July 31. The price action this week has been the headline. ANET gained 8.3% on Monday alone and is up 5.6% on the week, hitting $173.28 — a 12% gain over the past month. That move has…
7 Jul 2026, 17:33
PLTRTrader Note
PLTR Surges 15% as Shorts Fail to Brake the Rally
Palantir Technologies has broken sharply higher this week — up 14.6% to $132.54 — delivering a direct rebuke to the short book that spent the prior two weeks quietly building. The reversal is notable precisely because the short interest data has not capitulated. SI has climbed 19% over the past month and is up nearly 4% on the week to 3.5% of free float. That is the same story told…
7 Jul 2026, 17:30
Bears, Banks, and Biotech Drive Monday's Action
Bears, Banks, and Biotech Drive Monday's Action Short Interest Watch Short sellers are piling into vulnerable names. Chewy remains the most heavily shorted mid-cap in the US. Short interest sits at 72.4% of free float. Sable Offshore saw the week's biggest jump — SI surged 7.7 percentage points to 36.2%. Zero shares are available to borrow there. [Lucid…
7 Jul 2026, 16:52
Big Banks Dominate This Week's Calendar
Big Banks Dominate This Week's Calendar Today brings the first action. EPAC — Enerpac Tool Group — reports Q3 2026 results this afternoon. Tomorrow, Tuesday, gets busy. LEVI reports Q2 results after the close. Denim demand and margin trends are in focus. PEP drops its pre-recorded Q2 earnings call Tuesday evening. Investors want to know if pricing…
7 Jul 2026, 16:30
RBC Sweeps Biotech; Erste Cuts Broadcom
RBC Sweeps Biotech; Erste Cuts Broadcom RBC Capital's Brian Abrahams published a wave of biotech calls on Monday. He raised his target on VRTX to $570 from $543, keeping a Buy rating. He also lifted BIIB to $242 from $227 on a Buy. The two upgrades came alongside a busy day of pharma activity. Not all was positive. Abrahams trimmed his REGN target to…
7 Jul 2026, 16:20
ABTCConfluence
ABTC Shorts Exit en Masse as Options Turn Bullish
ABTC built a 10.5-million-share short position over several weeks. In a single session, 93% of it vanished. Why this matters: Three signals shifted simultaneously on July 6 — a near-total short cover, a put/call ratio that collapsed to zero, and a stock that is still down 21% on the week. That combination tells a story about who was positioned and what they just did. The…
7 Jul 2026, 16:20
Execs Buy and Sell in Waves
Execs Buy and Sell in Waves Insider filings this month reveal a sharp split between bold buyers and heavy sellers across US markets. SMMT Chairman and CEO Robert Duggan filed a $50M purchase of Summit Therapeutics shares in June. He bought 3.8 million shares at $13.12 each. That's a strong show of confidence from the top executive at the cancer-drug biotech. John Malone filed…
7 Jul 2026, 16:13
CLVTConfluence
CLVT Borrow Pool Hits Empty With Earnings 22 Days Out
The last shares available to borrow on CLVT are nearly gone. Availability has crashed to 0.43% — down from 32% just four days ago and from over 113% on June 26. For every 230 shares already lent out, fewer than one remains in the pool. That is a 99% collapse in available supply in a single week. Since the previous convergence report published earlier today, conditions have…
7 Jul 2026, 14:36