Streetbeat News

Order Imbalances

DELL

Whales have shown a bullish stance on Dell Technologies (NYSE:DELL) with significant options activity. 43% of trades were bullish, and 30% were bearish. The major market movers are focusing on a price range between $50.0 and $250.0. Analysts have mixed ratings, with a consensus target price of $152.6.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 8:02 pm

RSG

Republic Services (NYSE:RSG) has seen a 5.88% decrease in its short percent of float, now at 1.28% of all regular shares available for trading. This is lower than the peer group average of 2.66%. It would take traders 2.02 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 7:45 pm

JCI

Johnson Controls Intl (NYSE:JCI) has seen a 17.54% increase in short interest, with 12.08 million shares sold short, representing 2.01% of its float. This is lower than the peer group average of 3.87%. The increase in short interest could indicate bearish sentiment but does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 7:45 pm

EXC

Exelon's (NYSE:EXC) short percent of float has decreased by 6.94%, with 13.39 million shares sold short, representing 1.34% of all regular shares available for trading. This is lower than the peer group average of 2.39%.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 7:45 pm

O

Realty Income's (NYSE:O) short interest has risen by 6.86%, with 14.17 million shares sold short, representing 1.87% of its float. This increase in short interest could indicate bearish sentiment among investors. However, compared to its peers, Realty Income has a lower short interest percentage.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:45 pm

PH

Parker Hannifin's (NYSE:PH) short interest has risen by 17.46%, with 952,000 shares sold short, representing 0.74% of its float. This increase in short interest could indicate bearish sentiment among investors. However, compared to its peers, Parker Hannifin has a lower short interest percentage.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:45 pm

VST

Recent options trading activity indicates a bearish sentiment among large investors towards Vistra (NYSE:VST). Benzinga's options scanner detected 18 unusual trades, with 61% being bearish. The trades suggest a price range of $70.0 to $120.0 for VST over the next three months. The stock is currently trading at $91.3, up by 3.49%, with an RSI indicating it may be approaching overbought territory. Morgan Stanley maintains an Overweight rating with a target price of $110.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 5:46 pm

AEP

American Electric Power (NYSE:AEP) has seen a 27.17% increase in its short percent of float, now at 2.2% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, AEP's short interest is still below the peer group average of 2.34%.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 4:30 pm

NEE

Unusual options activity has been observed for NextEra Energy (NYSE:NEE), with a significant amount of bearish sentiment. The options trades include 6 puts and 4 calls, indicating a price target range of $72.5 to $82.5. The stock is currently down 6.44% at $72.01, and analysts have mixed ratings with an average target price of $84.0.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 3:31 pm

CTAS

Cintas (NYSE:CTAS) has seen a 9.77% increase in its short percent of float, now at 1.91% of all regular shares available for trading. This indicates a rise in bearish sentiment, although it remains below the peer group average of 3.61%.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 3:15 pm