Streetbeat News

Order Imbalances

CIFR

Cipher Mining (NYSE:CIFR) has seen a 4.94% increase in its short percent of float, now at 9.56% of all regular shares available for trading. This is higher than the peer group average of 7.95%. It would take traders 2.69 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 8:00 pm

PATK

Patrick Industries (NYSE:PATK) has seen a 12% increase in its short percent of float, now at 8.4%. This indicates a bearish sentiment among investors, as it would take traders 15 days to cover their short positions. The company's short interest is higher than its peers, whose average is 7.05%.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 7:00 pm

FANG

Diamondback Energy (NYSE:FANG) has seen a 3.38% increase in its short percent of float, now at 3.36% of all regular shares available for trading. This indicates a rise in bearish sentiment, although it remains below the peer group average of 7.34%.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 6:00 pm

CVX

Recent options activity for Chevron (NYSE:CVX) shows a predominantly bearish sentiment among large investors, with 75% of trades being bearish. The trades indicate a price window of $150.0 to $165.0 for Chevron. The stock is currently trading at $156.85, up by 2.3%, but RSI indicators suggest it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 5:46 pm

AMZN

AZO

BABA

BKNG

CMG

GME

MELI

TOL

TSLA

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large trades (whale alerts) for companies like TSLA, BABA, AMZN, RH, GME, CMG, MELI, BKNG, TOL, and AZO. These trades can indicate potential short-term price movements.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 5:35 pm

FSK

FS KKR Capital (NYSE:FSK) has seen a 4.58% increase in its short percent of float, now at 1.37% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, its short interest is still lower than the peer group average of 2.85%.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 5:15 pm

RBC

RBC Bearings (NYSE:RBC) has seen a significant rise in short interest, with 1.35 million shares sold short, representing 5.24% of its float. This is higher than the peer group average of 3.21%. The increase in short interest suggests bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 5:15 pm

FFIE

Faraday Future (NYSE:FFIE) has seen a significant decrease in its short interest, falling 75.88% since its last report. The company now has 30 million shares sold short, representing 6.82% of its float. This decline in short interest suggests a shift in market sentiment towards a more bullish outlook.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 5:15 pm

FNB

F N B (NYSE:FNB) has seen a 10.55% increase in its short percent of float, now at 2.62% of all regular shares available for trading. This indicates a rise in bearish sentiment, although it remains below the peer group average of 3.53%. It would take traders 4.69 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 4:45 pm

FLEX

Flex (NYSE:FLEX) has seen a 35% increase in short interest, now at 3.24% of its float. This is higher than its peers' average of 2.65%. It would take traders 2.52 days to cover their short positions. Increased short interest can indicate bearish sentiment but can also be bullish if the stock price rises.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 4:45 pm