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ANET

Arista Networks (NYSE:ANET) has experienced a 12.93% increase 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 1.28 days. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Arista Networks has a lower short interest compared to its peer group average of 7.92%.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 8:30 pm

ZS

Zscaler (NYSE:ZS) has seen a rise in short interest, with 5.94 million shares sold short, representing 6.64% of available shares. The short percent of float increased by 6.41% since the last report, and it would take about 3.32 days to cover all short positions. High short interest compared to peers may indicate bearish market sentiment but can also be a bullish sign under certain conditions.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 8:30 pm

IMAB

T Investment has reported a 9.89% stake in biopharmaceutical company I-MAB, according to a recent SEC filing.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:46 pm

INFY

Infosys (NYSE:INFY) has seen a 14.43% decrease in short interest since its last report, with 34.44 million shares sold short, representing 0.83% of available shares. The average time to cover these short positions is 5.57 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Infosys has a lower short interest compared to its peer group average of 2.33%.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 7:45 pm

ING

ING Groep's (NYSE:ING) short interest has increased by 22.22% since the last report, with 3.96 million shares sold short, representing 0.11% of available shares. It would take about 1 day to cover all short positions. The rise in short interest can indicate bearish market sentiment, but ING has less short interest compared to its peers, with an average of 0.88% in the peer group. This change in short interest does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 7:45 pm

BITF

CVI Investments has disclosed a 5.7% ownership stake in Bitfarms, a cryptocurrency mining company, according to a recent SEC filing.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:43 pm

O

Realty Income Inc. (NYSE:O) saw a slight decrease of 0.04% in its share price, currently at $53.94. Despite a 7.08% increase over the past month, the stock has fallen by 12.52% over the past year. The company's P/E ratio of 40.88 is lower than the Retail REITs industry average of 73.86, which could suggest undervaluation or weaker growth prospects. Investors are advised to consider the P/E ratio among other financial metrics and industry trends for a comprehensive analysis.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 7:00 pm

POLA

Polar Power, Inc. has announced the pricing of its public offering, which has led to its shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 6:55 pm

TCNNF

YOURF

YourWay Cannabis Brands Inc. has agreed to sell Labtronix, Inc. for $3 million, structured as a secured note. The sale will relieve YourWay of all lawsuits, liabilities, and tax liabilities related to Labtronix. Shareholder Carl Saling III, holding 11% of YourWay's shares, has nominated six directors to the board, expressing concern over the company's direction and the asset sale's terms. Saling aims to halt the sale, complete an audit, and restore trading status. Trulieve Cannabis Corp. previously filed a complaint against YourWay and Labtronix for alleged kickback schemes.

Portfolio Pulse from Jelena Martinovic

December 01, 2023 | 6:46 pm

DIS

Activist investor Nelson Peltz, with the support of former Marvel boss Ike Perlmutter, is making a second attempt to gain seats on Disney's board. Perlmutter, whose shares are controlled by Peltz's Trian Fund Management, is critical of Disney's recent performance, citing a $70 billion loss in shareholder value. CEO Bob Iger, who returned after Bob Chapek's short tenure, has made strides in reducing debt and reinstating dividends. Blackwells Capital's Jason Aintabi supports Iger, opposing Peltz's approach. Despite a 10% rally in November, Disney's shares are down 40% over three years.

Portfolio Pulse from Neil Dennis

December 01, 2023 | 6:43 pm