Streetbeat News

Analyst Ratings

OXY

Occidental Petroleum's (NYSE:OXY) short percent of float has risen 4.85% since its last report, with 47.84 million shares sold short, which is 9.72% of all regular shares available for trading. It would take traders 4.7 days to cover their short positions on average. The company has more short interest than most of its peers, with an average of 0.36% for its peer group.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 3:30 pm

CVX

Chevron's (NYSE:CVX) short percent of float has fallen 29.52% since its last report, with 14.02 million shares sold short, which is 0.74% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Chevron has less short interest as a percentage of float, with the average being 1.64%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 3:30 pm

APRE

HSDT

IRON

LFLY

PNT

Benzinga Insights has identified five value stocks in the healthcare sector based on quantified analysis. These include POINT Biopharma Global (PNT), Leafly Holdings (LFLY), Disc Medicine (IRON), Helius Medical Tech (HSDT), and Aprea Therapeutics (APRE). All five companies have reported Q2 earnings per share with varying degrees of increase or decrease compared to Q1.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:44 pm

ARL

LADR

PDM

RITM

Benzinga Insights has identified five value stocks in the real estate sector that may be worth watching: Ladder Cap (LADR), Hersha Hospitality (HT), Rithm Capital (RITM), Piedmont Office Realty (PDM), and American Realty Investors (ARL). The selection is based on low P/E multiples, indicating that these companies may be undervalued. Recent earnings and dividend yields for each company are also provided.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:39 pm

PLTR

Palantir Technologies (NYSE:PLTR) has seen a 13.68% rise in its short percent of float since its last report, with 135.78 million shares sold short, representing 7.23% of all regular shares available for trading. This is higher than the average short interest of its peer group, which stands at 2.97%. Short interest can act as an indicator of market sentiment towards a stock, with an increase potentially signaling a more bearish outlook.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:00 pm

LLY

Eli Lilly's (NYSE:LLY) short percent of float has risen 8.33% since its last report, with 5.19 million shares sold short, which is 0.65% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards the stock. However, compared to its peers, Eli Lilly has less short interest as a percentage of float, which is 4.53% on average.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:00 pm

LOW

Lowe's Companies's (NYSE:LOW) short percent of float has risen 19.23% since its last report, with 9.00 million shares sold short, which is 1.55% of all regular shares available for trading. It would take traders 4.02 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Lowe's Companies's peer group average for short interest as a percentage of float is 15.50%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:00 pm

TSLA

Tesla Inc. (NASDAQ:TSLA) co-founder Elon Musk believes that manual gear shifting and indicator flipping will become obsolete as the process becomes increasingly automated. The Tesla Model S already has an automatic gear shifting feature, and the company is confident in its predictive and smart features. Musk also expressed confidence in Tesla's Full Self-Driving (FSD) capabilities, following the removal of the 'Coming Soon' tag from the 'Autosteer on city streets' feature.

Portfolio Pulse from Rounak Jain

September 04, 2023 | 1:55 pm

BTC-USD

DOGE-USD

TSLA

DogeDesigner, a graphic designer at Dogecoin, has denied speculation that Elon Musk, CEO of Tesla and SpaceX, is the creator of Bitcoin. The designer argues that the absence of memes in the original Bitcoin white paper serves as evidence against Musk being Satoshi Nakamoto. Musk's involvement with Dogecoin has been intermittent but notable, with his tweets occasionally fueling its popularity. Recently, Musk's social media platform, X (formerly known as Twitter), has been granted a license to provide cryptocurrency wallet services in Rhode Island, leading to speculation that Musk could integrate Dogecoin into the platform.

Portfolio Pulse from Mehab Qureshi

September 04, 2023 | 12:00 pm

BTCUSD

Crypto analyst 'Sunnydecree' has highlighted the reluctance of individuals to buy Bitcoin (BTC) at its current price of around $26,000, despite major asset managers like BlackRock filing for a Bitcoin ETF. The analyst noted that people tend to show interest in purchasing Bitcoin only when its price skyrockets. This comes as the SEC has delayed its decision on the approval of the nation’s first Bitcoin-focused ETF until October.

Portfolio Pulse from Mehab Qureshi

September 04, 2023 | 11:30 am