Intel’s $440 billion six-week surge has short sellers circling

By Carmen Reinicke and Ryan Vlastelica, Bloomberg A scorching rally in Intel Corp. shares is threatening huge losses for traders wagering that they’re due to fall. But that isn’t stopping them from placing those bets. Since hitting a low on March 30, the chipmaker’s stock price has soared 214% through Monday’s close, adding more than $440 billion to its market capitalization and pushing short-sellers’ paper losses above $12 billion, according to data from S3 Partners. At the same time, short interest in Intel shares as a percentage of the company’s float, a measure of how many shares have been borrowed…