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Equity Actions

BNRG

Brenmiller Energy's stock is trading lower following the announcement of a $4 million offering at $4.50 per unit to a U.S. based institutional investor. The offering consists of the sale of 888,890 units.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:52 pm

DLR

Digital Realty Trust (NYSE:DLR) has seen a 21.12% decrease in short interest since its last report, with 11.87 million shares sold short, representing 4.63% of its float. The average time to cover these short positions is 8.36 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. However, DLR's short interest is still higher than its peer group average of 3.94%. Short interest is a key indicator of market sentiment and changes in short interest can provide insights into potential stock price movements.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 5:30 pm

ANET

Arista Networks (NYSE:ANET) has seen a 10.88% decrease in short interest since its last report, with 3.33 million shares sold short, representing 1.31% of its float. The average time to cover these short positions is 2.5 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Compared to its peers, Arista Networks has a lower short interest as a percentage of float, with the peer group average at 7.78%.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 5:30 pm

CLSK

Cleanspark (NYSE:CLSK) has seen a 4.67% increase in short interest since its last report, with 16.37 million shares sold short, representing 8.97% of its float. The short interest is below the peer group average of 9.07%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price decline. Short interest is a key indicator of market sentiment and can sometimes be a bullish sign.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 5:30 pm

REVB

Revelation Biosciences' stock price is trading lower following the announcement of a 1-for-30 reverse stock split. This corporate action often indicates an attempt to boost the share price to meet exchange listing requirements or to attract new investors by reducing the number of shares outstanding, which can increase the price per share.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:14 pm

NUTX

Nutex Health's stock is trading lower following the announcement of a $10 million registered direct offering. The offering includes 66,666,666 shares of common stock and accompanying warrants, priced at $0.15 per share and warrant.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:10 pm

OTLK

Outlook Therapeutics' stock is up following the FDA's agreement under a Special Protocol Assessment (SPA) for the NORSE EIGHT clinical trial. Additionally, the company has announced a private placement worth up to $172 million to fund the advancement of ONS-5010.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:09 pm

SLDP

Solid Power, Inc. has announced a $50 million share repurchase authorization, leading to an increase in its stock price.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:07 pm

VRM

Vroom, Inc. has announced that it will discontinue its ecommerce operations and wind down its used vehicle dealership business, leading to a decline in its stock price.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:58 pm

XPER

Rubric Capital Management is pressuring Xperi Inc. to implement cost reductions and consider strategic options for its AI division. Rubric plans to nominate two directors, Thomas Lacey and Deborah Conrad, to Xperi's board.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:49 pm