Shares of Hims & Hers Health, Inc. ($HIMS) rose 7% as it approached its all-time high, with short interest remaining at 32%. The stock has gained 60% since a recommendation was made on Patreon, highlighting its strong performance over the past few months. In broader market trends, short interest in the S&P 500 ETF ($SPY) has declined to approximately 8%, the lowest level recorded in over a decade, indicating a shift in sentiment as most investors are currently long. Notably, significant short covering activity has been observed across various stocks in 2025, including 603,000 shares of GameStop ($GME) valued at $16 million, 3.1 million shares of AMC Entertainment ($AMC) worth $10 million, and 14.1 million shares of NVIDIA ($NVDA) valued at $1.67 billion. The short interest for NVIDIA now stands at $32.12 billion, making it the largest short position in the U.S., followed by Apple ($AAPL) and Microsoft ($MSFT).