Streetbeat News

Order Imbalances

FAF

First American Financial (NYSE:FAF) has seen a 9.43% increase in its short percent of float, now at 1.16 million shares sold short, or 1.16% of its float. This is below the peer group average of 2.18%. The increase in short interest could indicate bearish sentiment.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 8:45 pm

CAT

Recent options activity for Caterpillar (NYSE:CAT) shows a bearish sentiment among large investors, with 53% of trades being bearish. The major market movers are focusing on a price range between $220.0 and $390.0. The stock is currently trading at $347.06 with neutral RSI indicators and an earnings announcement expected in 5 days.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 6:47 pm

SNA

Snap-on's (NYSE:SNA) short interest has risen by 4.75%, with 2.39 million shares sold short, representing 5.29% of its float. This is higher than the peer group average of 3.14%. It would take traders 7.24 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 6:00 pm

SYY

Sysco's (NYSE:SYY) short interest has risen by 16.04%, with 10.80 million shares sold short, representing 2.17% of its float. This increase in short interest suggests a more bearish sentiment among investors. However, Sysco's short interest is still lower than the peer group average of 5.05%.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 5:30 pm

WINT

Windtree Therapeutics (NYSE:WINT) has seen a 17.46% decrease in its short percent of float, now at 7.99%. This indicates a potential shift in market sentiment. The company's short interest is higher than its peer group average of 6.71%.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 5:23 pm

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