Streetbeat News

Equity Actions

CMI

Cummins's (NYSE:CMI) short percent of float has fallen 7.25% since its last report, with 1.82 million shares sold short, which is 1.28% of all regular shares available for trading. It would take traders 2.68 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 4.85%.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 1:15 pm

ASTR

Astra Space, Inc. has announced a 1-for-15 reverse stock split. This move is typically used by companies to increase the per-share price of their stock and attract more institutional investors.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 1:09 pm

IMGN

JP Morgan analyst Daniel Wolle has upgraded Immunogen (NASDAQ:IMGN) from Neutral to Overweight and raised the price target from $9 to $22.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 1:09 pm

PWOD

Penns Woods Bancorp, Inc. has announced an 'At-The-Market' equity offering program of up to $20 million.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:49 pm

OPTT

Ocean Power Technologies (OPT) has responded to a SEC filing made by Paragon Technologies, confirming that Paragon intends to nominate five director candidates to OPT's board.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:38 pm

SQFT

Presidio Property Trust, Inc. has announced the establishment of a special committee of the board to explore strategic alternatives. The move is aimed at enhancing shareholder value.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 12:36 pm

COSM

Cosmos Health has announced the initiation of a stock buyback program. The company has not disclosed the amount of shares it plans to repurchase or the timeline for the buyback.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 12:32 pm

KULR

KULR Technology has announced a proposed public offering of common stock, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:20 pm

LVO

LiveOne has announced an increase in its stock buyback program from $7.5 million to $8.5 million.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:47 am

HASI

Hannon Armstrong Sustainable Infrastructure Capital Inc (HASI) is set to join the S&P SmallCap 600 index.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:37 am