Streetbeat News

Order Imbalances

CRWD

Deep-pocketed investors have shown a bearish sentiment towards CrowdStrike Holdings (NASDAQ:CRWD) based on significant options activity. Benzinga's options scanner highlighted 78 extraordinary options activities, with 55% of the sentiment being bearish. The trading activity suggests a price target range of $80.0 to $430.0. The current market status shows CRWD down by -1.44% at $346.4, with RSI indicators hinting it may be overbought. Analysts have mixed opinions, with price targets ranging from $400 to $422.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:45 pm

C

Investors have taken a predominantly bearish stance on Citigroup (NYSE:C) as evidenced by 53 uncommon options trades, with 62% being bearish. The price range focus is between $44.0 and $90.0. Citigroup's stock is currently down 1.75% at $62.47, with an RSI indicating potential overbought conditions. Oppenheimer maintains an Outperform rating with a target price of $86.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:45 pm

NEE

Investors with significant capital have taken a bearish stance on NextEra Energy (NYSE:NEE), as observed through recent options market activities. Benzinga's options scanner detected 10 trades, with a mix of bullish and bearish sentiments. The majority of trades were calls, totaling $9.7M, while one put trade amounted to $315K. Analysts maintain positive ratings with target prices ranging from $78 to $95.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:15 pm

EQT

EQT's short interest has risen by 6.34%, with 34.08 million shares sold short, representing 10.06% of its float. This is higher than the peer group average of 7.03%. It would take traders 6.26 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:00 pm

MUSA

Murphy USA (NYSE:MUSA) has seen a 4.01% increase in its short percent of float, now at 7.01%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 13.25%. It would take traders 3.71 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 7:45 pm

BILL

BILL Holdings (NYSE:BILL) has seen a 12.22% increase in its short percent of float, now at 5.6% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, BILL Holdings still has less short interest compared to its peers, whose average short interest is 7.39%.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 7:45 pm

BGS

B&G Foods (NYSE:BGS) has seen a 20.4% increase in its short percent of float, now at 14.34%. This indicates a bearish sentiment among investors, as it would take 3.47 days to cover these short positions. B&G Foods' short interest is higher than its peers, whose average is 7.52%.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 7:00 pm

LUCY

Innovative Eyewear shares were halted on a circuit breaker due to a significant drop, with the stock now down by 50.1%.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:45 pm

ACGL

Arch Capital Group (NYSE:ACGL) has seen a 10.85% increase in its short percent of float, now at 1.43% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, compared to its peers, ACGL has a lower short interest percentage.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 6:30 pm

VKTX

Deep-pocketed investors have adopted a bearish approach towards Viking Therapeutics (NASDAQ:VKTX), as revealed by Benzinga's options scanner. The significant options activity includes 4 puts totaling $799,745 and 9 calls amounting to $315,579, with 76% of the sentiment being bearish. The stock is currently trading at $63.27, up by 0.83%, with an RSI suggesting it may be approaching oversold. Analysts have mixed ratings with a consensus target price of $118.0.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 6:16 pm