Streetbeat News

Order Imbalances

HLT

Hilton Worldwide Holdings (NYSE:HLT) has seen a 6.47% increase in its short percent of float, now at 1.48% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, compared to its peers, Hilton's short interest is lower, with the peer group average at 6.91%.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 3:00 pm

ARM

Wealthy investors are showing a bullish stance on ARM Holdings (NASDAQ:ARM) with significant options trades. Benzinga's options scanner detected 8 trades, with 75% being bullish. The targeted price range is $130.0 to $160.0. ARM's current trading volume is 230,803, with a price of $139.32. An analyst from Bernstein holds an Underperform rating with a price target of $92.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 1:46 pm

CMC

Commercial Metals (NYSE:CMC) has seen a 5.0% increase in its short percent of float, now at 3.15% with 2.72 million shares sold short. This is lower than the peer group average of 6.13%. It would take traders 4.14 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 8:30 pm

ROST

Ross Stores (NYSE:ROST) has seen a 14.57% increase in its short percent of float, now at 1.73% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, compared to its peers, Ross Stores has a lower short interest percentage.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 8:30 pm

JPM

Deep-pocketed investors have shown unusual options activity for JPMorgan Chase (NYSE:JPM), with a mix of bullish and bearish sentiments. Significant options trades include both puts and calls, focusing on a price range between $140.0 and $235.0. Analysts have mixed ratings, with target prices ranging from $185 to $224.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 8:01 pm

MTH

Meritage Homes (NYSE:MTH) has seen a 55.04% increase in its short percent of float, now at 3.69%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 5.44%. It would take traders 1.98 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 7:45 pm

PINS

Pinterest's (NYSE:PINS) short interest has risen by 11.23%, with 25.42 million shares sold short, representing 4.26% of its float. This increase in short interest indicates a more bearish sentiment among investors. However, Pinterest's short interest is still lower than its peer group average of 7.77%.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 7:15 pm

TGT

The article highlights a surge in options activity for Target (NYSE:TGT), with a noticeable bearish stance among major investors. Out of 20 trades, 45% were bearish and 40% bullish. The major market movers are focusing on a price range between $75.0 and $160.0. Analysts have mixed opinions, with price targets ranging from $116 to $190.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 6:46 pm

MTTR

Matterport (NYSE:MTTR) has seen a 12.96% increase in its short percent of float, now at 2.79% of all regular shares available for trading. This indicates a rise in bearish sentiment, although the company's short interest is still below the peer group average of 8.53%.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 6:15 pm

UNP

Union Pacific's (NYSE:UNP) short interest has risen by 4.41%, with 4.31 million shares sold short, representing 0.71% of its float. This increase in short interest could indicate bearish sentiment among investors. However, compared to its peers, Union Pacific has a lower short interest percentage.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 6:15 pm