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Equity Actions

AIRE

ReAlpha, a real estate technology company, has filed a prospectus with the SEC for the offering of up to 1.67 million common units at a price of $12 per unit, as detailed in their Form S-11 filing.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:41 pm

SGD

Safe And Green Development (SGD) shares are up following the company's announcement that it will not proceed with the offering of common stock previously contemplated by the Registration Statement.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:39 pm

ADBE

Adobe Inc. (NYSE:ADBE) has seen a decrease in short interest, with the current level at 4.04 million shares or 0.89% of float, down 17.59% from the last report. The short interest now represents approximately 1.6 days of average trading volume. While a decrease in short interest can indicate a more bullish sentiment towards the stock, it does not necessarily predict a near-term price rise. Adobe's short interest is below its peer group average of 3.41%.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:30 pm

DXCM

DexCom (NYSE:DXCM) has experienced a 32.63% increase in short interest since its last report, with 21.06 million shares sold short, representing 6.26% of its float. It would take about 3.33 days to cover all short positions. While high short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. DexCom's short interest is higher than its peer group average of 3.24%.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:30 pm

DEO

Diageo (NYSE:DEO) has experienced a 38.1% increase in short interest since its last report, with 1.65 million shares sold short, representing 0.29% of its float. It would take about 2.88 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, Diageo's short interest is below its peer group average of 4.94%. This suggests less bearish sentiment compared to its peers, and increasing short interest can sometimes be a bullish indicator.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:30 pm

WOLF

Jana Partners, an activist hedge fund, has disclosed a new position in Wolfspeed, Inc., holding 936,000 shares, according to their latest 13F filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 2:43 pm

VALE

Vale Inc. (NYSE:VALE) stock is currently trading at $15.19, with a slight decrease of 0.07% in the current session. Despite this, the stock has seen a significant increase of 22.40% over the past month and a 1.00% increase over the past year. The article discusses Vale's P/E ratio in comparison to the Metals & Mining industry average. Vale's P/E is lower than the industry average, which could indicate that the stock is undervalued or that shareholders have low expectations for future performance.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 2:30 pm

MOND

Mondee Holdings has filed with the SEC for a secondary offering of up to 1.3 million shares of common stock. This move could potentially dilute existing shareholders' equity and impact the stock's price.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 2:29 pm

GM

General Motors (NYSE:GM) has seen a decrease in short interest, with the short percent of float falling 11.81% since the last report. The company has 28.57 million shares sold short, representing 2.09% of available shares. The average time to cover these short positions is 1.39 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. GM's short interest is below its peer group average of 12.33%.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 2:15 pm

NFLX

Netflix (NYSE:NFLX) has experienced a 15.1% increase in short interest since its last report, with 9.55 million shares sold short, representing 2.21% of its float. The short interest is below the peer group average of 7.24%. While high short interest can indicate bearish sentiment, it does not necessarily predict a near-term price decline.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 2:15 pm