Streetbeat News

Order Imbalances

DRCT

Direct Digital Holdings (NYSE:DRCT) has seen a 7.27% decrease in its short percent of float, now at 3.19%. This indicates a potential shift in market sentiment as fewer shares are being shorted. The company's short interest is higher than its peers, whose average is 2.10%.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 6:00 pm

RDFN

Redfin's (NYSE:RDFN) short interest has increased by 5.28%, with 17.75 million shares sold short, representing 17.95% of its float. This is significantly higher than its peers' average short interest of 5.21%. The high short interest could indicate bearish sentiment but also presents a potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 6:00 pm

GEHC

GE HealthCare Techs (NYSE:GEHC) has seen a 12.46% rise in its short percent of float, now at 3.25% of all regular shares available for trading. This indicates increased bearish sentiment among investors. However, its short interest is still below the peer group average of 4.99%.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:45 pm

CAT

GEV

POWL

RKLB

SPCE

UBER

UPS

URI

VRT

The article highlights significant options activity in the Industrials sector, focusing on trades involving companies like UBER, RKLB, UPS, POWL, CAT, GEV, SPCE, VRT, and URI. These activities include both bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:35 pm

AMZN

BJRI

BKNG

CMG

DKNG

EBAY

HD

SWBI

TSLA

YUMC

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on call options for several companies. Notable mentions include AMZN, BJRI, TSLA, HD, EBAY, BKNG, YUMC, CMG, SWBI, and DKNG, with varying sentiments ranging from bullish to bearish.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:35 pm

SAVE

Spirit Airlines (NYSE:SAVE) has seen a 4.51% increase in its short percent of float, now at 26.41%. This indicates a bearish sentiment among investors, as it would take 7.17 days to cover these short positions. Spirit Airlines' short interest is significantly higher than its peers, whose average is 9.82%.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:30 pm

TRNR

Interactive Strength (NYSE:TRNR) has seen a significant rise in its short interest, with a 189.61% increase since its last report. The company now has 480 thousand shares sold short, representing 2.23% of its float. This is lower than the peer group average of 3.47%.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:30 pm

ROAD

Construction Partners (NYSE:ROAD) has seen a 7.22% increase in short interest, now at 4.75% of its float. This indicates a bearish sentiment among investors, although the company's short interest is slightly below the peer group average of 4.77%.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 4:15 pm

APLD

Applied Digital's (NYSE:APLD) short interest has decreased by 6.56%, with 19.15 million shares sold short, representing 16.81% of its float. This decline in short interest could indicate a shift in market sentiment. Compared to its peers, Applied Digital has a higher short interest percentage.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 4:15 pm

MDIA

Mediaco shares resumed trading but were quickly halted again due to a circuit breaker as the stock plummeted by 28.6%.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 3:49 pm