Streetbeat News

Order Imbalances

FICO

Fair Isaac's (NYSE:FICO) short interest has fallen by 6.1%, with 604 thousand shares sold short, representing 3.23% of its float. This is lower than the peer group average of 3.66%. The decrease in short interest could indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 4:45 pm

NVT

nVent Electric (NYSE:NVT) has seen a 9.35% increase in its short percent of float, now at 1.17%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 11.40%.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 4:45 pm

CTNT

Cheetah Net Supply Chain Service shares were halted on a circuit breaker due to a significant drop, with the stock now down 69.6%.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 4:19 pm

VRT

Financial giants have shown a bearish sentiment towards Vertiv Holdings (NYSE:VRT) through options trading. Analysis reveals 45% bearish and 27% bullish trades, with significant put and call activities. The stock is currently trading at $99.08, up by 2.34%, and is approaching overbought territory. Analysts have mixed ratings with a consensus target price of $107.2.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 4:16 pm

NKLA

Nikola's (NYSE:NKLA) short interest has risen by 7.3%, with 230.69 million shares sold short, representing 17.04% of its float. This is significantly higher than its peers' average short interest of 4.10%. The increase in short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 4:00 pm

JBLU

JetBlue Airways (NYSE:JBLU) has seen an 8.76% increase in its short percent of float, now at 22.96%. This indicates a bearish sentiment among investors, as it surpasses the peer group average of 9.42%. It would take traders 3.19 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 3:15 pm

SMCI

Deep-pocketed investors have shown unusual options activity in Super Micro Computer (NASDAQ:SMCI), with a significant number of both puts and calls being traded. The sentiment is mixed, with a slight bearish tilt. This activity suggests potential price movements in the near term.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 3:01 pm

HIMS

Deep-pocketed investors have shown a bearish sentiment towards Hims & Hers Health (NYSE:HIMS), as revealed by Benzinga's options scanner. The options activity is unusually high, with 56% of the trades being bearish. The stock is currently trading at $18.28, up by 25.46%, but RSI indicators suggest it may be overbought. Analysts from Deutsche Bank and Piper Sandler have given it a Hold and Neutral rating, respectively.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 2:15 pm

HE

Hawaiian Electric Industries (NYSE:HE) has seen a 13.61% increase in short interest, with 20.39 million shares sold short, representing 18.53% of its float. This is significantly higher than its peers' average short interest of 4.88%. The high short interest could indicate bearish sentiment but also presents a potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 2:00 pm

CLSK

Significant options activity has been observed for Cleanspark (NASDAQ:CLSK), with a majority of trades being bullish. This unusual activity suggests that major investors are anticipating a potential price movement. The stock is currently trading at $16.17, with a consensus target price of around $26.33 from analysts.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 1:46 pm