Streetbeat News

Order Imbalances

PYPL

PayPal Holdings (NYSE:PYPL) has seen a 6.09% increase in its short percent of float, now at 2.09% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, compared to its peers, PayPal's short interest is lower, with the peer group average at 5.71%.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 4:00 pm

SYM

Symbotic (NYSE:SYM) has seen a 6.25% increase in its short percent of float, now at 31.61% of all regular shares available for trading. This high short interest, compared to its peers' average of 4.50%, indicates bearish sentiment but could also be a bullish signal if short sellers are forced to cover their positions.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:45 pm

UNH

UnitedHealth Group's (NYSE:UNH) short interest has risen by 18.42%, with 8.25 million shares sold short, representing 0.9% of its float. This increase in short interest could indicate bearish sentiment, although it is lower than the peer group average of 4.49%.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:45 pm

VSAT

Viasat (NYSE:VSAT) has seen a 15.99% increase in its short percent of float, now at 17.84% of all regular shares available for trading. This is significantly higher than its peer group average of 7.38%. The high short interest could indicate bearish sentiment but also presents a potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:30 pm

KLAC

KLA Corporation (NASDAQ: KLAC) experienced a significant Power Inflow signal, indicating a shift from net selling to net buying. This event led to a 2.61% rise in the stock price, closing at $793.83. The Power Inflow signal suggests a short-term uptrend, reflecting heightened investor confidence.

Portfolio Pulse from Finit

August 14, 2024 | 3:24 pm

RBC

RBC Bearings (NYSE:RBC) has seen a 21.07% decrease in its short percent of float, now at 3.82%. This indicates a shift in market sentiment, with fewer shares being shorted. The company's short interest is higher than its peer group average of 2.44%.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:00 pm

MS

Morgan Stanley's short interest has risen by 26.67%, with 16.39 million shares sold short, representing 1.33% of its float. This increase in short interest could indicate bearish sentiment among investors. However, Morgan Stanley's short interest is still lower than the peer group average of 3.35%.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 2:30 pm

BMBL

Bumble's (NYSE:BMBL) short interest has risen by 3.39%, with 12.24 million shares sold short, representing 12.8% of its float. This is higher than the peer group average of 5.68%. It would take traders 4.49 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 2:30 pm

COR

Cencora (NYSE:COR) has seen a 3.85% increase in its short percent of float, now at 5.93% of all regular shares available for trading. This is higher than its peer group average of 3.99%. It would take traders 6.62 days to cover their short positions based on current trading volume.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 2:30 pm

AES

AES's short percent of float has fallen 17.51% since its last report, with 15.18 million shares sold short, representing 3.25% of all regular shares available for trading. This decrease in short interest could indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 1:00 pm