Streetbeat News

Order Imbalances

LRN

Stride (NYSE:LRN) has seen a 24.01% increase in its short percent of float, with 7.29 million shares sold short, representing 23.5% of its float. This is significantly higher than its peers' average of 4.74%. The high short interest could indicate bearish sentiment but also presents a potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 4:15 pm

SMCI

Super Micro Computer (NYSE:SMCI) has seen a significant increase in short interest, with 22.59% of its float sold short, a 965.57% rise since the last report. This is much higher than its peers' average of 6.88%. The high short interest could indicate bearish sentiment but also presents a potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 3:15 pm

SNOW

Whales are showing a bearish stance on Snowflake (NYSE:SNOW) with 66% of recent options trades being bearish. The trading activity suggests a price range of $85 to $165 for SNOW in the coming months. Current trading volume is 518,636 with a price increase of 1.53% to $116.68.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 2:30 pm

COF

Investors have shown a bullish stance on Capital One Finl (NYSE:COF) with significant options activity detected. The sentiment is split with 50% bullish and 40% bearish trades. Analysts maintain neutral ratings with target prices around $157-$163.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 2:30 pm

HRB

H&R Block's short interest has increased by 3.2%, with 10.97% of its shares sold short, indicating a bearish sentiment compared to its peers. It would take traders 6.61 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 1:00 pm

EXLS

ExlService Holdings (NYSE:EXLS) has seen a 5.43% increase in its short percent of float, now at 3.69% of available shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 5.64%.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 8:30 pm

ECL

Ecolab's short interest has increased by 24.24%, with 2.02 million shares sold short, representing 0.82% of its float. This is lower than the peer group average of 3.57%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 8:00 pm

NTLA

Intellia Therapeutics (NASDAQ:NTLA) has seen significant bearish options activity, with 89% of trades being puts. This suggests that large investors expect the stock price to fall, targeting a range of $17.5 to $20.0. The stock is currently down 12.24% to $17.5, and its RSI indicates it may be oversold.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 6:45 pm

SMR

NuScale Power (NYSE:SMR) has seen a 7.47% increase in short interest, with 21.50 million shares sold short, representing 23.88% of its float. This is significantly higher than its peers' average short interest of 8.42%. The high short interest could indicate bearish sentiment but also presents potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 6:15 pm

BYND

Beyond Meat's short interest has increased by 4.44%, with 39.78% of its float sold short. This is significantly higher than its peers' average of 6.23%. The high short interest could indicate bearish sentiment, but it also presents potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 6:15 pm