Streetbeat News

Order Imbalances

RRX

Regal Rexnord (NYSE:RRX) has seen a 51.74% increase in its short percent of float, now at 2.61% of all regular shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 10.42%. Traders should be aware of the increased short interest.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 3:45 pm

CORZ

Financial giants have shown a bearish sentiment towards Core Scientific (NASDAQ:CORZ) through options trading. Analysis reveals 63% bearish trades, with significant call and put options activity. The stock is currently down 3.89% at $9.93, with RSI indicators suggesting it may be overbought. Analysts have mixed ratings with target prices ranging from $8 to $10.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 3:16 pm

GDHG

Golden Heaven Group Holdings (NYSE: GDHG) has seen a 39.43% increase in its short percent of float, now at 2.44% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, GDHG's short interest is still lower than its peer group average of 16.42%.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 3:00 pm

SIRI

Sirius XM Holdings (NYSE:SIRI) has seen a 7.83% increase in its short percent of float, now at 24.79%. This indicates a bearish sentiment among investors, as it would take 5.46 days to cover these short positions. Compared to its peers, Sirius XM has a higher short interest percentage.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 2:45 pm

F

Ford Motor's (NYSE:F) short interest has risen by 8.81%, with 129.45 million shares sold short, representing 3.58% of its float. This increase in short interest could indicate bearish sentiment, although it is lower than the peer group average of 9.79%.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 2:45 pm

LRCX

Significant options activity has been observed for Lam Research (NASDAQ:LRCX), with a notable bullish sentiment among deep-pocketed investors. This unusual activity suggests potential upcoming movements in LRCX's stock price. The trading volume and open interest indicate a focus on a price range between $380.0 and $1540.0. Analysts have mixed ratings, with a consensus target price of $1020.0.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 2:01 pm

VRT

Vertiv Holdings (NYSE: VRT) has seen a 13.61% increase in its short percent of float, now at 4.34% of all regular shares. This indicates a rise in bearish sentiment among investors. However, its short interest is still below the peer group average of 10.35%.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 1:30 pm

SWN

Southwestern Energy's short interest has decreased by 5.56%, with 40.19 million shares sold short, representing 4.08% of its float. This is lower than the peer group average of 7.57%.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 1:15 pm

ANET

Arista Networks (NYSE:ANET) has seen a 6.19% increase in its short percent of float, now at 1.2% of all regular shares available for trading. This indicates a rise in bearish sentiment, although the company's short interest is still lower than its peers' average of 9.72%.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 1:15 pm

LOW

Financial giants have shown a bearish sentiment towards Lowe's Companies (NYSE:LOW) through unusual options activity. Analysis revealed 9 unusual trades with 55% bearish and 33% bullish tendencies. The targeted price range is $220.0 to $230.0. The stock is currently down by -2.01%, trading at $222.3. Analysts have mixed ratings with an average price target of $250.2.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 8:31 pm