Streetbeat News

Order Imbalances

MET

MetLife's short interest has risen by 4.76%, with 9.16 million shares sold short, representing 1.54% of its float. This is lower than the peer group average of 2.96%. 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

July 05, 2024 | 3:15 pm

USFD

US Foods Hldg (NYSE: USFD) has seen an 8.82% increase in its short percent of float, now at 2.59% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, its short interest is still below the peer group average of 4.51%.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:15 pm

CLS

Celestica (NYSE:CLS) has seen a 6.45% increase in its short percent of float, now at 3.96% of all regular shares available for trading. This is higher than the peer group average of 2.59%. It would take traders 2.17 days to cover their short positions on average.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:02 pm

ANET

Investors with significant capital have taken a bearish stance on Arista Networks (NYSE:ANET), as observed through unusual options trades tracked by Benzinga. The sentiment is split with 33% bullish and 55% bearish. The trading volumes and open interest suggest a focus on a price band between $290.0 and $390.0. The stock is currently trading at $363.17, down by 0.62%, and may be overbought according to RSI values.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:02 pm

CHWY

GME

KOSS

Koss Corporation (NASDAQ:KOSS) shares are trading higher due to continued interest from retail investors, driven by speculation on social media. The stock saw a significant increase in trading volume and was halted for volatility. Nearly 8% of Koss shares are being sold short, contributing to large price movements.

Portfolio Pulse from Erica Kollmann

July 05, 2024 | 3:02 pm

FBIN

Fortune Brands (NYSE:FBIN) has seen a 15.35% increase in its short percent of float, now at 2.78% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, its short interest is still below the peer group average of 4.32%.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:02 pm

CNP

CenterPoint Energy's (NYSE:CNP) short interest has risen by 29.59%, with 16.54 million shares sold short, representing 3.46% of its float. This is higher than the peer group average of 3.15%. Increased short interest can indicate bearish sentiment but can also be bullish if short sellers are forced to cover their positions.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:01 pm

ABNB

AMZN

CMG

GM

HZO

JD

MMYT

RIVN

TSLA

ZK

The article highlights significant options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable mentions include bullish sentiment for TSLA, neutral sentiment for GM and MMYT, and bearish sentiment for ZK, JD, AMZN, CMG, RIVN, ABNB, and HZO.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:00 pm

BMRN

Biomarin Pharmaceutical (NYSE:BMRN) has seen a 17.39% increase in its short percent of float, now at 1.89% of all regular shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 6.35%.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:00 pm

DIS

DJT

GOOG

GOOGL

LSXMK

META

PARA

RBLX

ROKU

SIRI

Today's session saw significant options activity in 10 communication services stocks, with notable whale alerts. Key trades include bearish sentiment for SIRI, GOOGL, DIS, ROKU, GOOG, and RBLX, and bullish sentiment for PARA and DJT.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:00 pm