Streetbeat News

Order Imbalances

MLGO

MicroAlgo (NYSE:MLGO) has seen a significant increase in short interest, with 29.35% of its float sold short, a 78.64% rise since the last report. This is much higher than its peers' average of 2.48%. The high short interest could indicate bearish sentiment but also presents potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 7:45 pm

ALNY

Alnylam Pharmaceuticals (NYSE:ALNY) has seen a 7.43% increase in its short percent of float, now at 4.34% with 4.84 million shares sold short. This indicates a bearish sentiment among investors, although its short interest is below the peer group average of 5.14%.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 7:45 pm

MET

MetLife's short interest has increased by 13.28%, with 8.43 million shares sold short, representing 1.45% of its float. This is below the peer group average of 2.10%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 6:30 pm

RGLD

Royal Gold's short interest has increased by 3.36%, with 5.23% of its float sold short, higher than its peers' average of 3.47%. This indicates a bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 5:15 pm

ALTM

Arcadium Lithium (NYSE:ALTM) has seen a 6.81% decrease in its short percent of float, now at 7.94%. This indicates a potential shift in market sentiment as fewer shares are being shorted. Compared to its peers, Arcadium has a higher short interest percentage.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 5:00 pm

GLOB

Globant's short interest has decreased by 3.52%, with 2.31 million shares sold short, representing 5.48% of its float. This is higher than its peers' average of 3.21%. It would take 4.64 days to cover these positions based on trading volume.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 2:45 pm

MA

Mastercard Inc. (NYSE:MA) experienced a significant Power Inflow, indicating a potential uptrend in its stock price. This event, driven by institutional activity, led to a rise of over 4 points in 2 hours, closing higher on the day. Traders view this as a bullish signal, using order flow analytics to guide their decisions.

Portfolio Pulse from Finit

October 31, 2024 | 10:27 am

ENVX

Enovix (NASDAQ:ENVX) has seen unusual options activity, with 75% of trades being bullish. The stock is currently down 6.68% at $9.92, and analysts have set price targets ranging from $15 to $30. The options activity suggests a price range of $5 to $13.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 8:45 pm

MELI

Investors are showing a mixed sentiment towards MercadoLibre (NASDAQ:MELI) with significant options trading activity. The options trades are split between 52% bullish and 30% bearish, indicating a potential price movement between $1120 and $2600. Analysts have varied opinions, with price targets ranging from $2400 to $2800.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 8:30 pm

ORLY

O'Reilly Automotive's short interest has decreased by 11.79%, with 1.16 million shares sold short, representing 2.02% of its float. This is lower than the peer group average of 12.36%, indicating a relatively bullish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 7:30 pm