Streetbeat News

Order Imbalances

PLTR

Investors with significant capital have shown unusual options activity in Palantir Technologies (NYSE:PLTR), with a slight bearish sentiment. Benzinga's options scanner identified 9 trades, with a focus on a price range between $21.0 and $29.0. The overall sentiment is 44% bullish and 55% bearish.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 2:17 pm

OPEN

Opendoor Technologies (NYSE:OPEN) has seen a 7.77% increase in its short percent of float, now at 13.17%. This is significantly higher than its peers' average of 5.48%. The company has 76.52 million shares sold short, which would take traders 3.26 days to cover. This rise in short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 2:00 pm

TJX

TJX Companies (NYSE:TJX) has seen a 33.73% increase in its short percent of float, now at 1.11% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, TJX's short interest is still lower than its peer group average of 17.99%.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 1:45 pm

FUBO

FuboTV's short interest has decreased by 5.26%, with 21.06% of its float sold short. This is higher than the peer group average of 3.17%. It would take traders 4.16 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 1:15 pm

CACI

CACI International's short interest has fallen by 7.81%, with 233 thousand shares sold short, representing 1.18% of its float. This is lower than the peer group average of 3.17%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 7:15 pm

LECO

Lincoln Electric Holdings (NYSE:LECO) has seen a 12.1% increase in its short percent of float, now at 1.76%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 3.23%. It would take traders 3.41 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 6:45 pm

SPXC

SPX Techs (NYSE:SPXC) has seen a 10% increase in its short percent of float, now at 1.87%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 3.22%. It would take traders 2.04 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 6:45 pm

AAPL

ARM

AVGO

CLSK

CRWD

IREN

MSFT

NVDA

PLTR

SMCI

Today's session saw significant options activity in several major IT stocks, including NVDA, AAPL, CRWD, AVGO, CLSK, MSFT, SMCI, IREN, ARM, and PLTR. The sentiment varied from bullish to bearish, with notable trades in NVDA, AAPL, and IREN.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 5:35 pm

UBER

Deep-pocketed investors are showing significant interest in Uber Technologies (NYSE:UBER) options, with a notable increase in call and put activities. This suggests potential price movements between $50.0 and $90.0. Analysts maintain positive ratings with target prices ranging from $75 to $95.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 5:15 pm

CTMX

CytomX Therapeutics (NYSE:CTMX) has seen a significant rise in its short interest, with a 143.23% increase since the last report. The company now has 8.75 million shares sold short, representing 11.31% of its float. This is higher than the peer group average of 6.21%. The increase in short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 5:00 pm