Streetbeat News

Order Imbalances

EBC

Eastern Bankshares (NYSE:EBC) has seen a 3.68% increase in its short percent of float, now at 2.82% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, EBC's short interest is still below the peer group average of 4.97%.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 1:30 pm

PSEC

Prospect Capital (NYSE:PSEC) has seen a 7.65% increase in its short percent of float, now at 7.74% of all regular shares available for trading. This is higher than the peer group average of 2.95%. It would take traders 12.53 days to cover their short positions on average.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 1:00 pm

PFGC

Performance Food Group (NYSE:PFGC) has seen a 6.6% rise in short interest, now at 1.13% of its float. This indicates increased bearish sentiment, though it remains below the peer group average of 4.53%.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 8:30 pm

PATH

The options market for UiPath (NYSE:PATH) shows a bullish stance from significant investors, with 61% of trades being bullish. The trading activity suggests a price range of $15.0 to $28.0 for UiPath over the next three months. Currently, UiPath's stock is trading at $19.04, down by 2.83%, with an anticipated earnings release in 6 days.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 8:01 pm

RIOT

High-rolling investors have positioned themselves bearish on Riot Platforms (NASDAQ:RIOT), with 55% of the options trades being bearish. The trading volume for RIOT is down by 7.41%, and the stock price is currently $9.99. Analysts have set an average price target of $15.67, with all maintaining a Buy rating.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 7:46 pm

HIMS

Recent options trading trends indicate a bearish stance on Hims & Hers Health (NYSE:HIMS) by significant investors. Benzinga's options scanner detected 15 uncommon options trades, with 46% being bearish. The trading activity suggests a price range of $12.0 to $30.0 for HIMS over the next three months. The stock is currently trading at $15.75, down by 2.6%. Analysts have mixed ratings, with target prices ranging from $13 to $24.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 7:31 pm

LDOS

Leidos Holdings (NYSE:LDOS) has seen a 5.04% increase in its short percent of float, now at 1.46% 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 3.12%.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 7:15 pm

PEN

Penumbra (NYSE:PEN) has seen a 9.46% increase in its short percent of float, now at 7.75%. This indicates a bearish sentiment among investors, as it would take 6.61 days to cover short positions. Penumbra's short interest is higher than its peers, whose average is 4.07%.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 7:15 pm

MMC

Marsh & McLennan (NYSE:MMC) has seen an 8.89% increase in its short percent of float, now at 0.98% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, its short interest is still lower than the peer group average of 3.64%.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 7:00 pm

SUM

Summit Materials (NYSE:SUM) has seen a 6.59% decrease in its short percent of float, now at 3.97%. This indicates a potential shift in market sentiment as fewer shares are being shorted. The company's short interest is higher than its peers, which average 1.92%.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 6:45 pm