News & Events zu Surgery Partners Inc (SGRY)SGRYSurgery Partners Inc

Charter Communications Short Interest Rises to 32.4%

Welcome to this week's installment of "The Short Interest Report" - The Fly's weekly recap of short interest trends among some of the most widely followed high-short-float stocks. Using the data from our partner, which utilizes the latest information from stock lenders to estimate short interest changes for thousands of publicly traded companies, this report will screen for some of biggest changes in short interest as a percentage of free float and days-to-cover ratios while also considering the short interest data on some of the more volatile and heavier-traded names of the week. Based on the availability of data from Ortex, the report tracks the trading period that covers prior Friday through Thursday of this week, excluding holidays. As a basis of comparison for stocks discussed below, the S&P 500 index was down 2.0%, the Nasdaq Composite was down 2.8%, the Russell 2000 index was down 2.0%, the Russell 2000 Growth ETFwas down 2.6% and the Russell 2000 Value ETFwas down 1.3% in the five-day trading session range through August 20th.SHORT INTEREST GAINERSOrtex-reported short interest in Charter Communicationshad been tracking higher from fairly contained sub-15% range since mid-2025, coinciding with the company's earnings that precipitated its subsequent loss of nearly two thirds of its value over the next year. This week however, the buildup in bearish positioning was far more pronounced, just as the company has finally completed its Cox Communications transaction with the acquisition of Liberty Broadband. Short interest as a percentage of free float on Charter Communications rose from 29.6% to 32.4%, the highest level on record for the stock. Days to cover on the name rose by a more modest margin from 7.2 to 7.9, reflecting the spike in trading volume on deal completion date. In the five-day period covered, Charter was down 5.8%, and year-to-date, the stock has now fallen 28%.Ortex reported short interest in UiPathpeaked following seven months of uptrend above 36% in mid-July. With shares moving up over 60%, bearish position had then retrenched back below 27% through the first week of August. This week however, shorts are rebuilding exposure – short interest as a percentage of free float was up from 29.4% to 31.6%, even as days-to-cover slipped from 2.0 to 1.9 amid generally elevated trading volumes over the past three months. The stock was down 4.6% in the five-day period covered through Thursday, but inclusive of Friday's 3% rise, it has now erased all of this year's losses. The company is set to report its Q2 results on September 3rd.SHORT INTEREST DECLINERSOrtex reported short interest in Surgery Partnershad tracked in a sideways range of 24% to 29% since the first week of March, though this week has seen a clear breakdown of expression in the bearish thesis, even though the stock has come under notable pressure since the company reported earnings on August 10th. Short interest as a percentage of free float in Surgery Partners slipped from 24.8% to 20.1% - the lowest levels since November of 2025. Days to cover also fell from 9.3 to 8.5, with an added boost coming from a rise in the number of sessions with relatively large trading volume. Even though the company's Q2 earnings topped estimates and the Street was largely positive on its announced divestitures, the stock fell 8% in the five-day period covered through Thursday. Shares bounced 4% on Friday however, bringing the year-to-date tally for the stock to a negative 6%.Ortex-reported short interest in Wix.compeaked near 34% of free float on June 12, preceding the multi-year low in the stock price by roughly a week. As the subsequent rebound in shares gained momentum, short positioning steadily unwound, with the bearish retreat becoming particularly pronounced this week. In the five-day period covered through Thursday, short interest as a percentage of free float plunged from 26.4% to 19.3%, its lowest level since mid-May. Days-to-cover also declined from 4.7 to 4.4, reinforcing the broader trend of short covering. Amid the apparent short squeeze, the stock gained about 3% during the five-day period covered, though shares still remain down 21% year-to-date.

Stocks Open Lower as Middle East Uncertainty Grows

Stocks closed lower to start the week as traders are beginning to doubt that the U.S. and Iran will reach a lasting agreement to end the war in the near term. Balancing the negative sentiment around conflict in the Middle East are strong corporate earnings and optimism around AI spending.Iran is saying it is nearing an agreement with Oman on new shipping lanes but maintaining conditions that could delay a broader reopening. Meanwhile, Iranian Foreign Minister Abbas Araghchi said over the weekend that there was "no possibility of restarting negotiations" with the U.S. as long as Washington continues to violate the June memorandum of understanding. Oil prices were higher after the news.The market is also digesting last week's unexpectedly weak July jobs report, which showed payrolls fell by 23,000 and included substantial downward revisions to prior months. The report reduced expectations for a September Fed rate hike, but the outlook remains uncertain because inflation data due this week could complicate the picture.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Intelannounced a $15Bof common stockMetaunveiled open sourceGameStop'sRyan Cohen is considering withdrawing the company's $56B bid for eBay,Archer AviationBoeing'sWisk Aero, SkyGrid, and Insitu subsidiariesMonday.comreportedand reaffirmed its FY26 revenue guidance2. WALL STREET CALLS:JefferiesAppleto Underperform on apparent all-glass iPhone cancellationSanDiskto Buy at Argus on strong fundamentals and valuationDoximityto Underweight at Wells FargoHPEto Overweight at Morgan Stanley on server and storage spendingWall Street rolled out coverage of Csquarewith3. AROUND THE WEB:A consortium of major financial institutions is partnering with Nvidiaon a potential $500B financing effort for AI infrastructure, FT reportsAmazonis planning to invest in a large natural gas power plant to supply electricity directly to a major AI data center in Texas, underscoring how rapidly rising AI compute demand is driving tech companies to secure dedicated power generation, NY Times reportsSonyand (TSMC) plan to spend around 1 trillion yen, or $6.32B, to jointly make next generation microchips used in image sensors, Nikkei Asia saysMicrosoftplans to significantly ramp production of its next-generation in-house AI chips next year, aiming to win adoption from major cloud customers such as Anthropic despite slow uptake of the current-generation chips, The Information reportsSanofiis facing shortages of Myozyme and Nexviazyme for Pompe disease after manufacturing and quality-control issues at its Waterford facility, which was cited by the FDA in June for violations involving production of other medicines, STAT says4. MOVERS:Bowman Consultinggained after announcingby Bernhard Capital for $43 per share and reporting Q2 resultsVarex Imagingincreased after announcing Teledynewillfor $18.90 per share in cash and reporting Q3 resultsMarineMaxwas higher after announcingby Safe Harbor for $53 per share in cashPowerFleetfell afterand cutting its guidance for FY27Lincoln Educationaland Bitdeerwere lower after5. EARNINGS/GUIDANCE:Surgery Partnersand backed its guidance for FY26N-ableand provided guidance for Q3 and FY26Aaonand raised its outlook for FY26, with CEO Matt Tobolski contending the results "demonstrate the continued strength of demand for our solutions and the progress we are making scaling the company to meet that demand"Monday.comand reaffirmed its outlook for FY26Accendra Healthand cut its outlook for FY26INDEXES:The Dow fell 60.95, or 0.11%, to 53,975.98, the Nasdaq lost 85.26, or 0.32%, to 26,605.36, and the S&P 500 declined 4.53, or 0.06%, to 7,753.11.

Major Averages Mixed at Open Amid Middle East Uncertainty

The major averages were mixed near noon to start the week, as traders are beginning to doubt that the U.S. and Iran will reach a lasting agreement to end the war in the near term. Balancing the negative sentiment around conflict in the Middle East are strong corporate earnings and optimism around AI spending.Iran is saying it is nearing an agreement with Oman on new shipping lanes but maintaining conditions that could delay a broader reopening. Meanwhile, Iranian Foreign Minister Abbas Araghchi said over the weekend that there was "no possibility of restarting negotiations" with the U.S. as long as Washington continues to violate the June memorandum of understanding. Oil prices were higher after the news.The market is also digesting last week's unexpectedly weak July jobs report, which showed payrolls fell by 23,000 and included substantial downward revisions to prior months. The report reduced expectations for a September Fed rate hike, but the outlook remains uncertain because inflation data due this week could complicate the picture. Investors will get the July CPI report Tuesday, followed by the PPI report later in the week.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Intelannounced aof common stockMetaunveiled open sourceGameStop'sRyan Cohen is considering withdrawing the company's $56B bid for eBay,Archer AviationBoeing'sWisk Aero, SkyGrid, and Insitu subsidiariesMonday.comreportedand reaffirmed its FY26 revenue guidance2. WALL STREET CALLS:JefferiesAppleto Underperform on apparent all-glass iPhone cancellationSanDiskto Buy at Argus on strong fundamentals and valuationDoximityto Underweight at Wells FargoHPEto Overweight at Morgan Stanley on server and storage spendingWall Streetof Csquarewith mostlybullish ratings3. AROUND THE WEB:Amazonis planning to invest in a large natural gas power plant to supply electricity directly to a major AI data center in Texas, underscoring how rapidly rising AI compute demand is driving tech companies to secure dedicated power generation, NYT reportsSonyand (TSMC) plan to spend around 1 trillion yen, or $6.32B, to jointly make next generation microchips used in image sensors, Nikkei Asia saysMicrosoftplans to significantly ramp production of its next-generation in-house AI chips next year, aiming to win adoption from major cloud customers such as Anthropic despite slow uptake of the current-generation chips, The Information reportsSanofiis facing shortages of Myozyme and Nexviazyme for Pompe disease after manufacturing and quality-control issues at its Waterford facility, which was cited by the FDA in June for violations involving production of other medicines, STAT saysImperial Brandsis preparing to cut thousands of jobs across the U.S. and Europe as part of a cost-cutting initiative, Bloomberg reports4. MOVERS:Bowman Consultinggains after announcing it will befor $43 per share and reporting Q2 resultsVarex Imagingincreases after announcing Teledynewillfor $18.90 per share in cash and reporting Q3 resultsMarineMaxhigher after announcing it will befor $53 per share in cashPowerFleetfalls afterand cutting its guidance for FY27Lincoln Educationaland Bitdeerlower after5. EARNINGS/GUIDANCE:Surgery Partnersand backed its guidance for FY26N-ableand provided guidance for Q3 and FY26Aaonand raised its outlook for FY26, with CEO Matt Tobolski contending the results "demonstrate the continued strength of demand for our solutions and the progress we are making scaling the company to meet that demand"Monday.comand reaffirmed its outlook for FY26Accendra Healthand cut its outlook for FY26INDEXES:Near midday, the Dow was down 20.58, or 0.04%, to 54,016.35, the Nasdaq was down 18.40, or 0.07%, to 26,672.22, and the S&P 500 was up 9.16, or 0.12%, to 7,766.80.