Streetbeat News

Order Imbalances

TER

Teradyne's short interest has risen by 6.91%, with 4.48 million shares sold short, representing 3.25% of its float. This is lower than the peer group average of 6.68%. The increase in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 2:15 pm

PANW

High-rolling investors have shown a bullish sentiment towards Palo Alto Networks (NASDAQ:PANW) through significant options trading activity. Benzinga's options scanner identified 8 trades, with 62% being bullish. Analysts have set an average price target of $353.8 for PANW, with various ratings from Positive to Outperform.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 2:01 pm

ACM

AECOM's short interest has risen by 15.52%, with 1.39 million shares sold short, representing 1.34% of its float. This is lower than its peer group's average short interest of 4.90%. 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 10, 2024 | 1:45 pm

GOEV

Canoo's (NYSE:GOEV) short interest has fallen by 9.19%, with 14.00 million shares sold short, representing 23.51% of its float. This decline in short interest could indicate a shift in market sentiment. Canoo's short interest is higher than its peers, whose average is 9.69%.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 1:30 pm

UPST

Upstart Holdings (NYSE: UPST) has seen a 7.17% increase in its short percent of float, now at 34.06%. This indicates a bearish sentiment among investors, as it would take 3.49 days to cover these short positions. The company's short interest is significantly higher than its peers, whose average is 5.80%.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 1:00 pm

DASH

DoorDash's (NYSE:DASH) short interest has risen by 18.04%, with 14.62 million shares sold short, representing 3.86% of its float. This increase in short interest suggests a more bearish sentiment among investors. However, DoorDash's short interest is still lower than its peer group average of 9.96%.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 1:00 pm

BMY

Investors with significant capital have taken a bullish stance on Bristol-Myers Squibb (NYSE:BMY), as observed through unusual options trades. Benzinga's options scanner identified 8 uncommon trades, with 75% being bullish. The trades suggest a price range of $25.0 to $45.0 for BMY. The stock is currently up 1.35% at $41.43.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 8:46 pm

RMBS

Rambus (NYSE:RMBS) has seen a 12.92% decrease in its short percent of float, now at 4.38% of all regular shares available for trading. This is lower than the peer group average of 9.38%. The decline in short interest could indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 8:30 pm

NABL

N-able's (NYSE:NABL) short interest has risen by 17.83%, with 1.07 million shares sold short, representing 1.52% of its float. This increase in short interest could indicate bearish sentiment, although it is lower than the peer group average of 4.51%.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 8:30 pm

MDT

Medtronic's short interest has risen by 10.38%, with 15.33 million shares sold short, representing 1.17% of its float. This increase in short interest could indicate bearish sentiment, although Medtronic's short interest is still lower than its peers' average of 4.80%.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 8:30 pm