Streetbeat News

Order Imbalances

FSLY

Fastly's (NYSE:FSLY) short interest has increased by 9.22%, with 12.54 million shares sold short, representing 9.83% of its float. This is higher than the peer group average of 6.42%. It would take traders 4.1 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 2:00 pm

HOLO

MicroCloud Hologram (NYSE:HOLO) has seen a significant increase in short interest, with a 74.9% rise since its last report. The company now has 1.36 million shares sold short, representing 34.56% of its float. This high short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 1:00 pm

PM

Philip Morris International (NYSE: PM) has seen a 25% increase in its short percent of float, now at 0.6% 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 2.35%.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 1:00 pm

NIO

Recent options market activity indicates a bearish sentiment towards NIO (NYSE:NIO), with 75% of the trades being puts. Significant options trades have been detected, suggesting a price window of $5.0 to $10.0. NIO's stock is currently trading at $5.28, down by 0.94%.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 8:46 pm

OVV

Ovintiv's (NYSE:OVV) short percent of float has fallen 6.7% since its last report, with 4.63 million shares sold short, representing 1.95% of all regular shares available for trading. This is lower than the peer group average of 7.44%.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 8:15 pm

DAY

Dayforce (NYSE:DAY) has seen a 3.26% increase in its short percent of float, now at 9.81%. This indicates a bearish sentiment among investors, as it would take 6.26 days to cover these short positions. Compared to its peers, Dayforce has a higher short interest percentage.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 7:45 pm

GTLS

Chart Industries (NYSE:GTLS) has seen a 5.83% decrease in its short percent of float, now at 18.56% with 5.92 million shares sold short. This indicates a potential shift in market sentiment. The company's short interest is significantly higher than its peers, which average 2.49%.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 7:45 pm

NET

Deep-pocketed investors are showing a bullish sentiment towards Cloudflare (NYSE:NET) with significant options trading activity. The trading volumes and open interest suggest a focus on a price range between $55.0 and $155.0. Analysts have mixed ratings, with price targets ranging from $77 to $110.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 7:31 pm

PSX

High-rolling investors have shown significant interest in Phillips 66 (NYSE:PSX) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner detected 10 trades, predominantly calls, indicating a focus on a price range between $70.0 and $165.0. Analysts have mixed ratings, with price targets ranging from $147 to $170.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 7:31 pm

RTX

Financial giants have made significant bearish moves on RTX (NYSE:RTX) through options trading. Analysis revealed 12 unusual trades, with 50% showing bearish tendencies. The price target for RTX ranges from $55.0 to $110.0. Current market status shows RTX trading at $104.49, down by -0.22%. Analysts have issued neutral ratings with a consensus target price of $108.8.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 7:02 pm