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SKX

Skechers USA (NYSE:SKX) has seen a 25.41% increase in short interest since its last report, with 2.53 million shares sold short, representing 2.27% of its float. The current short interest suggests a bearish market sentiment towards SKX, although it's lower than the peer group average of 8.59%. The article highlights the importance of tracking short interest as an indicator of market sentiment.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 4:45 pm

MAR

Marriott Intl's (NYSE:MAR) short interest has increased by 8.3%, with 5.88 million shares sold short, representing 2.61% of its float. It would take about 3.9 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards MAR, although it has less short interest compared to its peers, with an average of 6.09% in the peer group.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 4:45 pm

PVH

PVH Corp's (NYSE:PVH) short interest has decreased by 11.07%, with 2.04 million shares sold short, representing 4.5% of its float. This decrease in short interest could indicate a more bullish sentiment towards PVH among traders. Compared to its peers, PVH has a lower short interest percentage of float, with the average being 8.50%. Short interest is a key indicator of market sentiment, and a decrease suggests that investors may be becoming more optimistic about the company's stock.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 4:45 pm

BNO

USO

Oil prices have declined following the Energy Information Administration's (EIA) revision of its 2024 world demand growth forecast downwards.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:45 pm

VVOS

Vivos Therapeutics, Inc. (NASDAQ:VVOS) shares dropped after filing a prospectus for the resale of up to 1.73 million shares by selling shareholders. The company could receive $8.4 million if all warrants are exercised. Vivos also announced Medicare reimbursement approval for its CARE oral medical devices and reported Q4 losses of $3.05 per share, missing estimates by 59.69%, with sales of $3.248 million also missing estimates.

Portfolio Pulse from Erica Kollmann

April 09, 2024 | 4:36 pm

TEAM

Recent options market activity indicates a bearish sentiment towards Atlassian (NASDAQ:TEAM), with 70% of detected trades being bearish. The analysis of options trading volumes and open interest suggests a focus on a price range between $100.0 and $200.0 for Atlassian. The company's current market position shows a slight increase in stock price to $200.51, with an upcoming earnings announcement in 16 days.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 4:15 pm

SPY

USO

The U.S. Energy Information Administration has revised its forecast for world oil demand growth downwards for both 2024 and 2025. For 2024, the growth forecast has been cut by 480,000 barrels per day (bpd), now expecting a year-on-year increase of 0.95 million bpd. For 2025, the forecast has been reduced by 30,000 bpd, with a new expectation of a 1.35 million bpd year-on-year increase.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:07 pm

FNF

Fidelity National Financial Inc (NYSE:FNF) has seen diverse analyst ratings over the last three months, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for FNF has increased to $55.6, reflecting a positive adjustment in market expectations. Despite this, FNF faces challenges in market capitalization, revenue growth, net margin, ROE, ROA, and debt management, indicating potential hurdles in achieving strong profitability and efficient asset utilization.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 4:00 pm

VST

Smart money investors have shown significant interest in Vistra (NYSE:VST) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 10 unusual trades, evenly split between bullish and bearish. The trades suggest a target price range for VST between $60.0 and $77.5. Vistra, a major power producer and retail energy provider, has seen its stock price increase by 0.51% to $74.8. Analysts have set an average price target of $76.75 for VST, with ratings ranging from Overweight to Outperform.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 4:00 pm

ABNB

DIA

NET

A report by Cloudflare Inc (NYSE:NET) highlighted a significant drop in internet traffic during the April 8, 2024, total solar eclipse, with traffic down 8% in bytes delivered and 12% in requests in the U.S. compared to the previous week. States in the path of totality saw even larger declines. The event also led to increased bookings for Airbnb Inc (NASDAQ:ABNB) and could historically suggest gains for the Dow Jones, tracked by SPDR Dow Jones Industrial Average ETF Trust (NYSE:DIA), following total solar eclipses.

Portfolio Pulse from Chris Katje

April 09, 2024 | 3:48 pm