Streetbeat News

Order Imbalances

AAL

American Airlines Group (NYSE:AAL) has seen a significant increase in short interest, rising 56.34% since its last report. The company now has 83.42 million shares sold short, representing 14.43% of its float. This is higher than the peer group average of 10.52%.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 1:00 pm

TMO

Wealthy investors have taken a bearish stance on Thermo Fisher Scientific (NYSE:TMO), as evidenced by 18 uncommon options trades. The sentiment is split with 50% bearish and 33% bullish. The major market movers are focusing on a price band between $570.0 and $600.0. The stock is currently trading at $575.37, down by -0.09%.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 8:02 pm

EIX

Edison International (NYSE:EIX) has seen a 6.37% increase in its short percent of float, now at 1.67% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, EIX's short interest is still below the peer group average of 2.41%.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 7:45 pm

LBRDA

Liberty Broadband's (NYSE:LBRDA) short interest has risen by 15.23%, now accounting for 2.8% of its float. This increase in short interest could indicate bearish sentiment among investors. However, compared to its peers, Liberty Broadband has a lower short interest percentage.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 7:15 pm

MPTI

M-Tron Industries (NYSE:MPTI) has seen a 3.73% increase in its short percent of float, now at 5.01%. This indicates a bearish sentiment among investors. It would take traders 2.71 days to cover their short positions. MPTI's short interest is higher than its peer group average of 3.88%.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 7:15 pm

VRNS

Varonis Systems (NYSE: VRNS) has seen a 10.39% increase in its short percent of float, now at 9.56%. This is higher than its peers' average of 4.58%. It would take traders 7.43 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 12, 2024 | 6:00 pm

SUM

Summit Materials (NYSE:SUM) has seen a 3.52% increase in its short percent of float, now at 3.82% of all regular shares available for trading. This is higher than the peer group average of 2.00%. It would take traders 4.64 days to cover their short positions on average.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 5:45 pm

AMC

CMCSA

CNK

GOOG

GOOGL

META

NFLX

PARA

ROKU

SE

Today's session saw significant options activity involving major communication services stocks, including GOOGL, META, NFLX, ROKU, GOOG, CMCSA, PARA, CNK, SE, and AMC. The sentiment varied across these trades, with some showing bullish and others bearish outlooks.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 5:35 pm

AAPL

AMD

ARM

AVGO

ENPH

MARA

MSFT

NVDA

ORCL

TSM

Today's session saw significant options activity involving major IT stocks, with notable trades including bearish call sweeps for AAPL, NVDA, ENPH, ARM, and AVGO, and bullish call sweeps for MSFT, AMD, ORCL, MARA, and a bullish put sweep for TSM. These activities could indicate potential short-term price movements for these stocks.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 5:35 pm

CWST

Casella Waste Systems (NYSE:CWST) has seen an 11.58% increase in short interest, with 1.97 million shares sold short, representing 3.47% of its float. This is lower than the peer group average of 6.90%. It would take traders 8.4 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 5:30 pm