Streetbeat News

Order Imbalances

CYTK

Cytokinetics (NYSE:CYTK) has seen a 3.85% increase in its short percent of float, now at 22.11%. This indicates a bearish sentiment among investors, as it would take 9.74 days to cover short positions based on current trading volume. The company's short interest is higher than its peers, whose average is 13.12%.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 4:45 pm

AI

C3.ai (NYSE:AI) has seen a 3.23% increase in its short percent of float, now at 36.11%. This indicates a bearish sentiment among investors, as it significantly exceeds the peer group average of 7.61%. It would take traders 7.98 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 4:15 pm

GME

GameStop Corp shares have resumed trading after a temporary halt. The halt was due to a significant price movement, which triggered a circuit breaker. Investors are closely watching the stock for further volatility.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 4:14 pm

GME

GameStop shares experienced a trading halt due to a circuit breaker after a significant price movement. The stock is currently down by 22.8%.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 4:09 pm

CB

Deep-pocketed investors have shown unusual options activity in Chubb (NYSE:CB), with a significant number of bullish trades. This suggests potential positive price movements for Chubb in the near term. The stock is currently up 1.54% at $267.81, and analysts have a consensus target price of $266.0.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 3:46 pm

DE

Financial giants have shown a bearish sentiment towards Deere (NYSE:DE) in the options market, with 55% of trades being bearish. The major market movers are focusing on a price range between $330.0 and $410.0. Analysts have mixed ratings on Deere, with target prices ranging from $385 to $465.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 3:46 pm

DKNG

DraftKings (NASDAQ:DKNG) has seen unusual options activity, with a mix of bullish and bearish trades. The overall sentiment is slightly bullish, with a focus on a price range between $30 and $45. Analysts have given mixed ratings, with an average target price of $55.8.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 2:46 pm

UPS

Recent options trading activity for United Parcel Service (NYSE:UPS) shows a mix of bullish and bearish sentiment among big-money investors. Benzinga's options scanner identified 10 significant trades, with a focus on a price range between $120.0 and $143.0. The overall sentiment is split, with 40% bullish and 40% bearish trades. UPS's stock is currently trading at $139.49, up 1.4%, with an average target price of $156.0 from analysts.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 2:46 pm

GPK

Graphic Packaging Holding (NYSE:GPK) has seen a 13.12% increase in its short percent of float, now at 6.38%. This indicates a bearish sentiment among investors, as it is higher than the peer group average of 3.35%. It would take traders 6.26 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 2:15 pm

GME

GameStop has resumed trading after a temporary halt. This development is likely to attract significant attention from investors and traders, potentially leading to increased volatility in the stock price.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:44 pm