Short interest has been rising in Hong Kongs consumer sector, especially in names like WuXi AppTec (2359.HK). As prices climb, both crowded and squeeze scores are approaching critical levels, indicating increased risk of a short squeeze if momentum continues

The short position in Hang Sang has been growing for a while, most recently with the tariff sell-off. The two charts are positively correlated as the short interest goes up on the way up.

The consumer sectors are leading the way with increased short interest.

These consumer stocks are in squeeze territory.

One stock to focus on is WUXI, 2359. WuXi AppTec Co., Ltd. manufactures medical products.

The crowded score has gone from 30 to 80. As the stock has ralied the squeeze score has gone to 80. The stock used to be much higher years ago.

The combination of higher short interest, elevated squeeze scores, and positive price momentum in Hong Kong consumer stocks particularly WuXi AppTec (2359.HK) signals elevated risk conditions. Traders and portfolio managers should monitor positioning closely as crowding builds and volatility potential increases.

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