Streetbeat News

Order Imbalances

SG

Sweetgreen's short interest has increased by 5.98%, with 24.28% of its float sold short, significantly higher than its peers' average of 10.17%. This indicates bearish sentiment, but high short interest can sometimes lead to bullish outcomes.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 4:45 pm

CLF

Cleveland-Cliffs (NYSE:CLF) has seen a 6.1% increase in its short percent of float, now at 13.39%, indicating a bearish sentiment compared to its peers with an average of 4.10%. This could signal potential volatility in the stock's price.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 4:45 pm

EPRT

Essential Props Realty (NYSE:EPRT) has seen a 15.97% increase in short interest, with 16.7% of its float sold short. This is significantly higher than its peers' average of 2.17%. The high short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 3:00 pm

VST

High-rolling investors have shown a bearish sentiment on Vistra (NYSE:VST) through options trading, with 46% of trades being bearish. The options activity is unusual, indicating potential insider information. Analysts have mixed ratings on Vistra, with price targets ranging from $125 to $146.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 2:47 pm

SOXL

The Direxion Daily Semiconductor Bull 3X ETF (NYSE: SOXL) experienced a significant trading signal, known as a Power Inflow, indicating a potential uptrend. This signal, occurring at a price of $34.40, led to a 3.3% rise in the stock price shortly after. The Power Inflow is a bullish indicator for traders, suggesting institutional activity and a possible upward movement in SOXL's stock. Traders are advised to incorporate risk management strategies to navigate market uncertainties.

Portfolio Pulse from Finit

October 17, 2024 | 2:06 pm

COKE

Coca-Cola Consolidated (NYSE:COKE) has seen a significant increase in short interest, rising 102.3% since its last report. Currently, 1.76% of its shares are sold short, which is lower than the peer group average of 7.48%. This increase in short interest could indicate bearish sentiment, but it doesn't necessarily predict a stock price decline.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 2:00 pm

BROS

Dutch Bros (NYSE:BROS) has seen a significant increase in short interest, with 12.36% of its float sold short, higher than its peers' average of 10.69%. This indicates a bearish sentiment among investors, although it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 1:15 pm

TRV

Travelers Companies (NYSE:TRV) has seen a 3.75% increase in its short percent of float, now at 1.66% of all regular shares. This indicates a rise in bearish sentiment, although TRV's short interest is still below the peer group average of 1.82%.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 7:45 pm

ANF

Abercrombie & Fitch (NYSE:ANF) has seen a 9.48% increase in its short percent of float, now at 15.24%. This indicates a bearish sentiment among investors, although it is below the peer group average of 17.21%. Short interest can be a key indicator of market sentiment.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 6:30 pm

AAPL

AMD

GDS

IONQ

MSFT

MU

MVIS

NVDA

SMCI

WULF

The article highlights unusual options activity for several information technology stocks, indicating potential trading opportunities. Notable mentions include NVDA, AAPL, SMCI, MSFT, MU, IONQ, WULF, MVIS, AMD, and GDS, with varying bullish and bearish sentiments.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 5:35 pm