Streetbeat News

Order Imbalances

SYY

Sysco's (NYSE:SYY) short interest has risen by 17.33%, with 8.74 million shares sold short, representing 1.76% of its float. This increase in short interest could indicate bearish sentiment, although it is lower than the peer group average of 4.45%.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 1:30 pm

IBP

Installed Building Products (NYSE:IBP) has seen an 18.37% increase in short interest, now at 6.96% of its float. This is higher than its peers' average of 5.31%. It would take traders 3.98 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 1:15 pm

MUR

Murphy Oil's (NYSE:MUR) short interest has risen by 23.79%, with 7.36 million shares sold short, representing 6.92% of its float. This increase in short interest could indicate bearish sentiment, although it is lower than the peer group average of 7.18%.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 1:15 pm

NOW

Deep-pocketed investors have shown a bearish trend towards ServiceNow (NYSE:NOW) based on recent options activity. Benzinga's options scanner highlighted 46 significant options trades, with a notable amount of puts and calls. The price range focus is between $600 and $850, with a mean open interest of 180.22 and a total volume of 1,577. The stock is currently trading at $725.5, down by 0.42%.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 8:31 pm

AIT

Applied Industrial Techs (NYSE: AIT) has seen an 8.7% increase in its short percent of float, now at 3.0%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 4.38%. Traders should be aware of the increased short interest.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 7:45 pm

AEMD

Aethlon Medical's (NYSE:AEMD) short interest has fallen by 74.16% since its last report, with 453 thousand shares sold short, representing 8.97% of its float. This decrease in short interest could indicate a shift in market sentiment towards a more bullish outlook.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 7:45 pm

SYM

Symbotic (NYSE:SYM) has seen a 6.33% decrease in its short percent of float, now at 22.94% with 8.70 million shares sold short. This indicates a potential shift in market sentiment. It would take traders 9.88 days to cover their short positions based on current trading volume.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 7:30 pm

ADSK

Autodesk's short interest has risen by 4.04%, with 2.22 million shares sold short, representing 1.03% of its float. This increase in short interest could indicate bearish sentiment, although Autodesk's short interest is lower than its peers' average of 3.89%.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 7:15 pm

ASTS

BIDU

CHTR

DIS

DJT

GOOG

GOOGL

META

NFLX

PARA

Today's session saw significant options activity involving several major stocks, with a predominance of bearish sentiment. Notable trades include call option sweeps for META, GOOG, NFLX, ASTS, GOOGL, PARA, and DJT, and put option sweeps for DIS, CHTR, and BIDU. This activity could indicate potential short-term price movements for these stocks.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 5:35 pm

MPLX

MPLX's short percent of float has risen by 4.36%, with 11.59 million shares sold short, representing 3.11% of all regular shares available for trading. This increase in short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 5:00 pm