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TRXUSD

TRON (CRYPTO: TRX) has seen a price increase of 3.29% in the last 24 hours, reaching $0.12, with an 8% increase over the past week from $0.11. The coin's all-time high is $0.23. Trading volume has risen by 56% over the past week, while the circulating supply decreased by 0.05%, now at 88.10 billion. TRX's market cap ranks #13 at $10.73 billion.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 7:00 pm

TELL

Tellurian Inc. (TELL) is exploring the sale of its Haynesville upstream assets, including natural gas assets and drilling locations, to reduce debt and support the development of Driftwood LNG. The company produced 19.5 Bcf of natural gas in Q3 2023 and aims to leverage alternative gas supply strategies, deeming the ownership of upstream assets unnecessary at this stage. The sale is expected to reduce general and administrative expenses and provide additional cash, avoiding equity issuance for 2024 development activities.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 6:52 pm

NVT

nVent Electric (NVT) has seen a 4.63% increase in its short percent of float since the last report, with 1.87 million shares sold short, representing 1.13% of available shares. This indicates a bearish market sentiment towards NVT, although it has less short interest compared to its peers' average of 10.04%. The rise in short interest doesn't necessarily predict a price drop but suggests increased bearishness among traders.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:30 pm

ON

ON Semiconductor (NASDAQ:ON) has significantly outperformed the market in the last 5 years, with an annualized return of 27.84%, growing a $1000 investment to $3,477.56. The company's market capitalization stands at $32.46 billion.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:30 pm

IBKR

Interactive Brokers Gr (NYSE:IBKR) has seen a 15.55% increase in short interest since its last report, with 2.85 million shares sold short, representing 2.75% of its float. This indicates a bearish sentiment among traders, although it's below the peer group average of 5.12%. The rise in short interest doesn't necessarily predict a price drop but suggests increased bearish activity.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:30 pm

EXPE

Expedia Group (NASDAQ:EXPE) has delivered an average annual return of 20.61% over the past 15 years, turning a $1000 investment into $16,706.01 today. The company's market capitalization stands at $21.21 billion.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:30 pm

VMC

Vulcan Materials (NYSE:VMC) has seen an increase in short interest, now at 1.82 million shares or 1.54% of float, higher than its last report. This represents a 3.36% rise and takes approximately 2.78 days to cover based on trading volume. Short interest is a key indicator of market sentiment, and an increase suggests a more bearish outlook by investors. Vulcan's short interest is above its peer group average of 1.15%, indicating more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:15 pm

OPEN

Opendoor Technologies (NYSE:OPEN) has seen a 5.41% increase in its short percent of float since the last report, reaching 13.63% of all shares available for trading. With 74.75 million shares sold short, it would take about 4.06 days to cover all short positions. This rise in short interest indicates a more bearish market sentiment towards OPEN, although it doesn't necessarily predict a near-term price drop. Compared to its peers, OPEN has a higher short interest, suggesting more bearish sentiment than average within its peer group.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:15 pm

BRBR

BellRing Brands (NYSE:BRBR) has seen a decrease in short interest, now at 2.46% of its float, down 18.54% from the last report. With 2.50 million shares sold short, it would take about 1.78 days to cover all short positions. This decline in short interest could indicate a more bullish sentiment towards BRBR compared to its peers, where the average short interest is 6.27%.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:15 pm

MELI

MercadoLibre (NASDAQ:MELI) has seen a bearish trend in options trading, with 66% of trades being bearish and 33% bullish. The major market movers are targeting a price range of $1200 to $2000 for MELI. The largest trades include both bullish puts and bearish calls, indicating mixed expectations. MELI's current trading volume is 406,262, with a price decrease of -4.06%, and it's trading at $1702.62. The company is a major e-commerce player in Latin America, with a wide range of complementary businesses.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 6:01 pm