Streetbeat News

Order Imbalances

QS

QuantumScape's (NYSE:QS) short interest has fallen by 3.96%, with 53.98 million shares sold short, representing 14.79% of its float. This is higher than the peer group average of 6.99%. It would take traders 10.69 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 4:45 pm

WRB

WR Berkley's short interest has risen by 11.41%, with 5.90 million shares sold short, representing 2.93% of its float. This is higher than the peer group average of 2.07%. It would take traders 6.01 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 4:45 pm

BK

Bank of New York Mellon's (NYSE:BK) short interest has risen by 6.84%, with 9.37 million shares sold short, representing 1.25% of its float. This increase in short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 4:00 pm

IBM

Recent options market activity for IBM (NYSE:IBM) indicates a bearish sentiment among big-money investors, with 37% of trades being bearish and 25% bullish. Significant trades include 4 puts totaling $242,399 and 4 calls totaling $120,238. The projected price targets range from $145 to $170. IBM's current stock price is $167.97, down by 0.68%. Analysts have mixed ratings with a consensus target price of $196.67.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 3:16 pm

TEAM

Atlassian's (NYSE:TEAM) short interest has risen by 3.74%, with 3.52 million shares sold short, representing 2.22% of its float. This increase in short interest could indicate bearish sentiment among investors. However, Atlassian's short interest is still below the peer group average of 3.84%.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 3:00 pm

CROX

Crocs (NYSE:CROX) has seen a 9.69% increase in its short percent of float, now at 10.3% of all regular shares available for trading. This is higher than the peer group average of 5.40%. It would take traders 5.2 days to cover their short positions based on current trading volume.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 3:00 pm

AMAT

Investors with significant capital have taken a predominantly bearish stance on Applied Materials (NASDAQ:AMAT), as observed through unusual options activity. Benzinga's options scanner detected 10 trades, with 60% being bearish. The price target for AMAT ranges from $140 to $280. The stock is currently down 1.04% at $235.09, with RSI indicators suggesting it may be overbought. Expert opinions on AMAT are mixed, with target prices ranging from $185 to $260.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 2:46 pm

INTC

Recent options activity indicates a bearish sentiment among big-money investors towards Intel (NASDAQ: INTC). Benzinga's options scanner identified 17 unusual trades, with a split sentiment of 41% bullish and 47% bearish. The trades include 5 puts totaling $291,527 and 12 calls totaling $773,079. The projected price targets range from $18.0 to $70.0.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 2:46 pm

BABA

Investors have taken a bearish stance on Alibaba Gr Hldgs (NYSE:BABA) as indicated by recent options market activity. Benzinga's options scanner identified 11 uncommon trades, with a split sentiment of 45% bullish and 54% bearish. The stock is currently trading at $73.92, down by 2.32%. Analysts maintain a positive outlook with an average target price of $108.33.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 2:16 pm

MRVL

Marvell Technology (NYSE:MRVL) has seen a 14.26% increase in its short percent of float, now at 5.37%. This indicates a rise in bearish sentiment compared to its peers, whose average short interest is 4.79%. It would take traders 2.93 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 1:30 pm