Streetbeat News

Assets

MAA

Mid-America Apartment (NYSE:MAA) has seen a 19.02% decrease in its short percent of float, now at 2.47% with 2.39 million shares sold short. This indicates a more bullish market sentiment towards MAA compared to its last report. The current short interest is below the peer group average of 3.02%, suggesting MAA is performing well against its competitors in terms of market sentiment.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:00 pm

KEX

Kirby Corporation (NYSE:KEX) has seen a 10.05% increase in its short percent of float since the last report, with 1.13 million shares sold short, representing 2.19% of available shares. This indicates a bearish market sentiment, although it's below the peer group average of 4.38% short interest. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 2:00 pm

BTCUSD

ETHUSD

Ethereum fell below $3,300 and the global crypto market cap dropped to $2.47 trillion following U.S. jobs data showing a significant increase in nonfarm payrolls. Bitcoin remained above $66,000 despite a slight decline. Pendle was the top gainer, while Ethena and Wormhole were among the top losers in the crypto market.

Portfolio Pulse from Avi Kapoor

April 05, 2024 | 1:36 pm

WM

Waste Management's (NYSE:WM) short interest has decreased by 5.8% since the last report, with 5.20 million shares sold short, representing 1.3% of its float. This decrease in short interest could indicate a more bullish sentiment towards WM among traders. Compared to its peers, WM has a lower short interest percentage of float, with an average of 3.44% among its peers, suggesting a relatively positive outlook.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 1:30 pm

TSM

TSMC has reaffirmed its full-year revenue guidance of low-to-mid twenties percentage growth, as initially provided in January. The company also reported that, aside from some production lines, equipment in its Taiwan fabs has largely been fully recovered as of April 5, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 1:27 pm

AMZN

DELL

META

NVDA

ORCL

Steve Cohen's Point72 Asset Management is leveraging AI for significant cost savings and efficiency, with an estimated $25M saved through Language Model Models. Cohen's portfolio includes top tech stocks like Amazon, Meta Platforms, Dell Technologies, Nvidia, and Oracle, emphasizing AI's role in their success.

Portfolio Pulse from Surbhi Jain

April 05, 2024 | 1:25 pm

HUBC

Hub Cyber Security Ltd. (NASDAQ:HUBC) shares surged 41.3% in premarket trading after announcing an $8 million financing acquisition via a straight debt arrangement and the successful cash acquisition of QPoint Technologies. The financing is aimed at strengthening the company's financial foundation and supporting strategic initiatives. The acquisition of QPoint is seen as a strategic move to enhance cross-selling opportunities across various sectors.

Portfolio Pulse from Nabaparna Bhattacharya

April 05, 2024 | 1:23 pm

RUN

Sunrun (NYSE:RUN) has seen a 4.75% increase in its short percent of float, now at 23.83% with 43.75 million shares sold short. It would take about 3.19 days to cover these short positions. This rise in short interest indicates a more bearish market sentiment towards Sunrun, although it doesn't necessarily predict a near-term price fall. Compared to its peers, Sunrun has a higher short interest, suggesting more skepticism among investors about its performance.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 1:15 pm

WMB

Williams Companies (NYSE:WMB) has seen a 15.82% increase in short interest, now at 22.31 million shares or 2.05% of float, taking 3.04 days on average to cover. This rise in short interest signals a more bearish market sentiment towards WMB, although it has less short interest compared to its peers' average of 3.90%. The increase in short interest doesn't necessarily predict a price drop but indicates heightened short selling activity.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 1:15 pm

VRNS

Varonis Systems (NYSE:VRNS) has seen a 4.39% increase in its short percent of float since the last report, with 6.58 million shares sold short, representing 6.89% of its available shares. This indicates a bearish market sentiment towards VRNS, although it's not a definitive predictor of stock price movement. VRNS has a higher short interest than its peer group average of 4.12%, suggesting more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 1:15 pm