🔴 Wolfspeed is trading 10.3% down today amid extreme short interest and liquidity concerns

Wolfspeed is trading 10.3% down at $23.30 as traders focus on the company's unusually high short interest and ongoing liquidity concerns.

• The stock remains one of the most heavily shorted U.S. names, with short interest currently around 57% and borrow fees reportedly spiking near 933%.
• Extreme volatility has been amplified by broader sector and macro risk-off pressure, which continues to weigh on the company's valuation.