Streetbeat News

Order Imbalances

FBIN

Fortune Brands (NYSE:FBIN) has seen a 21.74% increase in its short percent of float, now at 2.52% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, its short interest is still below the peer group average of 3.71%.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 8:45 pm

VRTX

Recent options trading activity for Vertex Pharmaceuticals (NASDAQ:VRTX) shows a bearish sentiment among major investors, with 46% of trades being bearish and 26% bullish. The trading volume and open interest suggest a focus on a price range between $350 and $500. The stock is currently priced at $437.49, up 2.08%, but RSI indicators suggest it may be overbought.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 8:31 pm

VEEV

Recent options trading trends indicate a predominantly bearish sentiment among big-money traders for Veeva Systems (NYSE: VEEV). Benzinga's options scanner identified 9 significant trades, with 77% of the sentiment being bearish. The trading activity suggests a price window of $170.0 to $230.0 for VEEV. The stock is currently trading at $211.38, up by 3.71%, but RSI values suggest it may be overbought.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 8:31 pm

INVO

INVO Bioscience's short interest has risen by 39.13%, with 17,000 shares sold short, representing 0.64% of its float. This increase in short interest could indicate bearish sentiment among investors. However, INVO's short interest is still lower than its peer group average of 2.05%.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 8:15 pm

TEX

Terex (NYSE:TEX) has seen a 19.27% increase in its short percent of float, now at 4.58%. This indicates a bearish sentiment among investors, as it surpasses the peer group average of 4.51%. It would take traders 3.31 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 8:15 pm

WING

Wingstop's short interest has risen by 5.02%, with 1.96 million shares sold short, representing 6.69% of its float. This increase in short interest could indicate bearish sentiment among investors. However, Wingstop's short interest is still lower than its peer group average of 10.24%.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 8:15 pm

AL

Air Lease's (NYSE:AL) short interest has fallen by 15.88%, with 4.47 million shares sold short, representing 4.29% of its float. This decrease in short interest could indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 8:00 pm

WMB

Williams Companies (NYSE:WMB) has seen a 13.88% increase in short interest, now at 2.38% of its float. This is lower than the peer group average of 4.04%. It would take traders 3.74 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 8:00 pm

WELL

Investors have taken a bearish position in Welltower (NYSE:WELL) based on recent options trading data. Benzinga's options scanner identified 8 transactions, with 50% being bearish. The stock is currently up 1.8% at $100.6, but RSI indicators suggest it may be overbought. An analyst from Mizuho maintains a Buy rating with a target price of $105.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 7:32 pm

EXR

Extra Space Storage (NYSE:EXR) has seen a 5.95% increase in its short percent of float, now at 1.96% of all regular shares. This indicates a rise in bearish sentiment, although it has less short interest compared to its peers. It would take traders 3.98 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 7:15 pm