On this week's episode of Risk & Return, @BobSloanS3 explains how positioning is the seventh category of data that explains what's driving market moves. @CGasparino brought the headlines, covering the Andrew Left verdict, David Ellison's plan for CBS and Jamie Dimon's $20B shopping list. S3 data informed the market commentary, where Charlie & Bob discussed: → Intuitive Machines $LUNR: space stock with broad institutional long buying support and an elevated, but declining, short base. → AST SpaceMobile: longs $3.8B vs shorts $5.8B, a SpaceX launch partner and Starlink competitor $ASTS → $PATH: passive piling in, shorts climbing, a classic S3 battleground Watch the full episode on YouTube or listen on favorite podcast platform 👇 YouTube: youtu.be/tabI4vchn1I Spotify: open.spotify.com/episode/7G4…

Wolfspeed $WOLF is 90% shorted but the headline misleads. That SI tracks price tick-for-tick from $18 to $70, classic convert arb on the way up, with some handoff to directional shorts likely happening this week as price declines. @BobSloanS3 explains on the new episode of Risk & Return with @CGasparino, streaming now on all platforms! Spotify: creators.spotify.com/pod/sho… Apple: podcasts.apple.com/us/podcas… YouTube: youtube.com/watch?v=AVJbu45m…

Nasdaq and Russell bent their own rules to get SpaceX into their indexes. S&P held the line and public outcry may have swung that, I wrote about it in the Post. New Risk & Return with @BobSloanS3 we get into what that says about a $75B IPO and whether this thing has market top written all over it. $SPCX Spotify: creators.spotify.com/pod/sho… Apple: podcasts.apple.com/us/podcas… YouTube: youtube.com/watch?v=AVJbu45m…

SpaceX, OpenAI, and Anthropic list at $3.7T combined with just 3–5% floats. Low floats mean crowding, we estimate short interest could hit 16% of float within a month of IPO. Long crowding will be amplified further by Nasdaq's float weighting rule. Full analysis → s3partners.com/articles/a-tr… #ShortInterest #IPO #SpaceX #OpenAI #Anthropic #S3Data $SPCX

New episode of Risk & Return is live on all streaming platforms! @CGasparino and @BobSloanS3 on the KOSPI short call, Wolfspeed convert arb, a $75B Space IPO that's raising market top questions, and why Iran resolution can't come fast enough for bond markets. 📺YouTube: youtu.be/AVJbu45maP4

$SMMT has a tight float (CEO owns 73%) with 20% short. S3's Active Long/Short Ratio moved from 0.5 to 0.8 as shorts exited faster than longs. Squeeze score at 60 but would spike on any rally. This is a binary biotech battleground, with positioning on both sides covered by S3 Partners. Full Report: s3partners.com/articles/summ… #ShortInterest #Biotech

South Korea's KOSPI index was down 8.9% today, following through on Friday's sell-off in global tech stocks. @BobSloanS3 and @CGasparino broke down KOSPI positioning trends in last week's Risk & Return episode. A key takeaway: the average short % of float across the KOSPI rose in lockstep with the index, signaling growing skepticism and hedging demand even as the market extended its YTD rally.

$PATH is a classic AI/Software battleground. Bulls say AI makes UiPath's automation tools more valuable. Bears say AI replaces them. @BobSloanS3 breaks it down on the new episode of Risk & Return with @CGasparino S3 positioning data shows the fight in real time: passive ownership climbing, short interest up and nearly equal active longs holdings. That standoff is what a battleground looks like. 👇

The SpaceX IPO is driving volatility in public space-related stocks. On this week's Risk & Return, @BobSloanS3 walks through two space names with insights from S3's positioning data: → Intuitive Machines $LUNR: shorts have covered 5M shares since peaking in early April, but rising prices doubled their notional exposure to $950M. Active longs 18%, passive longs 67%. Shorts are stuck. → Virgin Galactic $SPCE: short interest was sky-high — then SpaceX news hit and the stock spiked, squeezing some shorts out before returning from orbit. To see the positioning behind the price moves check out the new episode of Risk & Return with @CGasparino👇

Did the Andrew Left @CitronResearch conviction kill short selling? I say it will have a chilling effect; @BobSloanS3 says it’s the undisclosed trading that’s being addressed. Tune in and decide for yourself. The latest edition of Risk and Return!