Streetbeat News

Order Imbalances

STX

Seagate Tech Hldgs (NYSE:STX) has seen a 4.43% increase in its short percent of float, now at 6.6% of all regular shares available for trading. This is higher than the peer group average of 5.98%. It would take traders 4.76 days to cover their short positions on average.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 4:30 pm

ZM

Recent options trading trends indicate a bearish sentiment among wealthy investors towards Zoom Video Comms (NASDAQ:ZM). Benzinga's options scanner detected 10 significant trades, with 7 puts and 3 calls, suggesting a price target range of $55.0 to $65.0. The stock is currently trading at $58.8, down by 2.85%. Analysts have mixed ratings, with a consensus target price of $75.4.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 4:01 pm

AMAT

Deep-pocketed investors have shown significant options activity in Applied Materials (NASDAQ:AMAT), with a mix of bullish and bearish sentiments. The stock is currently neutral with a slight decline, and analysts have mixed ratings with price targets ranging from $185 to $250.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 3:30 pm

CLSK

High-rolling investors have shown a bearish sentiment towards Cleanspark (NASDAQ:CLSK) through significant options trades. The sentiment is split with 36% bullish and 45% bearish. The stock is currently trading at $17.08, down by 0.99%. Analysts have mixed ratings with a consensus target price of $19.75.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 3:16 pm

CHE

Chemed's (NYSE:CHE) short interest has risen by 15.52%, with 350,000 shares sold short, representing 2.68% of its float. This increase in short interest could indicate bearish sentiment among investors. However, Chemed's short interest is still lower than the peer group average of 10.76%.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 2:45 pm

AFRM

Affirm Holdings (AFRM) saw a significant option activity with a sweep of 803 contracts for the July 19 $50 calls at $0.45, which is above the ask price. This indicates a bullish sentiment among traders, as the current stock price is $36.04.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:44 pm

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