Streetbeat News

Order Imbalances

PINS

Pinterest's short interest has fallen by 3.82%, with 28.56 million shares sold short, representing 4.79% of its float. This is lower than the peer group average of 7.61%. It would take traders 4.75 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 5:00 pm

MHK

Mohawk Industries (NYSE:MHK) has seen a 7.39% increase in its short percent of float, now at 4.36% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, the company's short interest is still below the peer group average of 7.41%.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 3:00 pm

CMCSA

Comcast's short interest has risen by 15.91%, with 58.55 million shares sold short, representing 1.53% of its float. This is lower than the peer group average of 10.74%. The increase in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 3:00 pm

AVAV

AeroVironment's (NYSE:AVAV) short interest has decreased by 7.46%, with 1.02 million shares sold short, representing 4.34% of its float. This is higher than the peer group average of 2.21%. It would take traders 2.88 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 2:30 pm

BABA

High-rolling investors have shown unusual bullish options activity on Alibaba Group Holdings (NYSE:BABA), with 62% of trades being bullish. The options activity suggests a targeted price range of $77.5 to $82.5. The stock is currently priced at $79.08, up 0.3%, with RSI indicators hinting at an overbought condition. An analyst from Jefferies maintains a Buy rating with a target price of $116.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 2:02 pm

DDOG

Investors have taken a bearish stance on Datadog (NASDAQ:DDOG) with significant options activity detected. The sentiment is split with 57% bearish and 35% bullish. The stock is currently trading at $116.44, up by 1.53%. Analysts have mixed ratings with an average price target of $153.75.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 8:31 pm

CHK

Chesapeake Energy (NYSE:CHK) has seen a 5.87% increase in its short percent of float, now at 14.8% of all regular shares available for trading. This is higher than the peer group average of 5.84%. It would take traders 13.85 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 6:15 pm

AAL

Deep-pocketed investors have adopted a bearish approach towards American Airlines Gr (NASDAQ:AAL), as revealed by Benzinga's options scanner. The significant move in AAL's options market, with 55% of investors leaning bearish, suggests potential volatility. The trading activity indicates a price target range of $8.0 to $25.0. The stock is currently trading at $10.63, down by -1.21%.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 5:46 pm

MCD

Financial giants have made significant bullish moves on McDonald's (NYSE:MCD) with 11 unusual options trades, predominantly calls. Analysts have mixed ratings, with price targets ranging from $280 to $300. The stock is currently trading at $265.73, down by 0.27%.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 3:16 pm

JPM

Wealthy investors have taken a bullish stance on JPMorgan Chase (NYSE:JPM) through significant options trades. Benzinga's options scanner detected 14 uncommon trades, with a split sentiment of 50% bullish and 50% bearish. The major market movers are focusing on a price band between $195.0 and $240.0 for JPMorgan Chase. The stock is currently trading at $215.37, with an average analyst price target of $217.0.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 2:31 pm