Streetbeat News

Order Imbalances

KLAC

Investors have taken a bearish position in KLA (NASDAQ:KLAC) as indicated by unusual options activity. The sentiment is mixed, with 55% bearish and 44% bullish. The stock is currently down 3.02% at $751.0, with a consensus target price of $835.0. Analysts have mixed ratings, with target prices ranging from $750 to $925.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 3:46 pm

C

Deep-pocketed investors are showing a bearish sentiment towards Citigroup, with 87% of options activity being bearish. This unusual activity suggests potential significant market movements. Citigroup's stock is currently down 1.76% at $61.5, with a neutral RSI. Analysts have mixed ratings, with target prices ranging from $71 to $86.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 3:01 pm

OXY

Occidental Petroleum (NYSE:OXY) has seen a surge in options trading, with a mix of bullish and bearish sentiments. Significant investors are targeting a price range of $37.5 to $70.0. The stock is currently trading at $52.48, with a consensus target price of $65.6 from analysts.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 2:31 pm

ESI

Element Solutions (NYSE:ESI) has seen a 9.2% increase in its short percent of float, now at 0.95% of all regular shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 3.55%.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 2:15 pm

CLF

Cleveland-Cliffs (NYSE:CLF) has seen a 15.36% increase in its short percent of float, now at 12.62%, indicating a bearish sentiment compared to its peers with an average of 4.71%. This could signal potential volatility in the stock's price.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 2:15 pm

U

Unity Software's short interest has increased by 6.01%, with 28.86 million shares sold short, representing 7.58% of its float. This is higher than its peers' average of 5.94%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 2:15 pm

IQV

IQVIA Holdings (NYSE:IQV) has seen a 15.52% increase in its short percent of float, now at 2.01%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 5.54%. Traders should be aware of the increased short interest.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 2:00 pm

LASE

Laser Photonics (NYSE:LASE) has seen a significant increase in short interest, with 20.26% of its float sold short, a 39.72% rise since the last report. This is notably higher than its peers' average of 4.47%. The high short interest could indicate bearish sentiment but also presents potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 2:00 pm

NVAX

Novavax's short interest has increased by 6.09%, with 33.53 million shares sold short, representing 26.13% of its float. This is higher than its peers' average of 13.61%. The high short interest could indicate bearish sentiment but also presents potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 1:30 pm

TER

Teradyne's short interest has increased by 6.32%, with 4.16 million shares sold short, representing 3.03% of its float. This is below the peer group average of 6.81%. The rise in short interest suggests a bearish sentiment, but it doesn't necessarily predict a price drop.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 1:00 pm