Streetbeat News

Order Imbalances

LII

Lennox International (NYSE:LII) has seen a 7.64% increase in its short percent of float, now at 3.38%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 4.05%. It would take traders 3.76 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 7:00 pm

SEM

Select Medical Holdings (NYSE:SEM) has seen a 13.49% increase in its short percent of float, now at 3.87%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 6.51%. Traders should be aware of the increased short interest.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 6:30 pm

OPEN

Opendoor Technologies (NYSE:OPEN) has seen a 5.94% increase in its short percent of float, now at 15.33%. This indicates a bearish sentiment among investors. The company's short interest is higher than its peers, which average 5.39%. It would take traders 5.22 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 6:15 pm

Recent options activity for Altria Group (NYSE:MO) shows a significant bearish sentiment among large investors, with 50% of trades being bearish. The stock is currently trading at $49.16, down by 3.74%. Analysts have mixed ratings with target prices ranging from $48 to $54.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 6:01 pm

THC

Investors with significant capital have taken a bearish stance on Tenet Healthcare (NYSE:THC), as observed through options trading activity. Benzinga's options scanner detected 14 trades, with a split sentiment of 35% bullish and 42% bearish. The trading activity suggests a price range of $135.0 to $160.0 for THC over the next three months. The stock is currently up 3.39% at $146.56, with RSI indicators hinting at an overbought condition. Analysts have mixed ratings, with target prices ranging from $112 to $175.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 6:01 pm

PTON

Peloton Interactive (NYSE:PTON) has seen a 7.48% increase in its short percent of float, now at 23.28% of all regular shares available for trading. This high short interest indicates bearish market sentiment, although it doesn't guarantee a near-term price drop. Compared to its peers, Peloton's short interest is significantly higher.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 5:45 pm

BAC

COIN

JPM

STWD

UPST

WFC

Today's session saw significant options activity involving several financial stocks, with notable trades including bearish call options for NU, MS, STWD, SQ, and UPST, bullish put options for COIN and MA, and bearish put options for WFC. Neutral sentiment was observed for put options in JPM and BAC.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 5:35 pm

ABNB

AMZN

APTV

CMG

CVNA

DKS

GRPN

NCLH

SBUX

The article highlights significant options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable bearish sentiment is observed for AMZN, SBUX, GM, CMG, NCLH, APTV, CVNA, and DKS, while bullish sentiment is noted for ABNB and GRPN.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 5:35 pm

OXY

Deep-pocketed investors have shown a bearish sentiment towards Occidental Petroleum (NYSE:OXY) through significant options activity. Benzinga's options scanner highlighted 20 extraordinary options activities, with 60% being bearish. The projected price targets range from $50.0 to $67.5. The stock is currently trading at $56.44, down by 2.13%, with an earnings announcement expected in 2 days.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 5:15 pm

DAY

Dayforce (NYSE:DAY) has seen an 8.46% increase in its short percent of float, now at 16.28%. This indicates a bearish sentiment among investors. The company's short interest is higher than its peers, which average 5.71%.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 5:00 pm