Streetbeat News

Order Imbalances

GPK

Graphic Packaging Holding (NYSE:GPK) has seen a 17.21% increase in short interest, now at 7.15% of its float. This is higher than its peers' average of 3.53%. It would take traders 6.6 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 2:45 pm

CRM

Deep-pocketed investors have adopted a bearish approach towards Salesforce (NYSE:CRM), as revealed by Benzinga's options scanner. The scanner highlighted 14 extraordinary options activities, with 42% of investors leaning bearish. The price window for Salesforce is expected to be between $230.0 to $330.0. Salesforce's stock is currently trading at $257.18, up by 1.71%. Analysts have mixed ratings with a consensus target price of $262.8.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 2:16 pm

MSTR

Deep-pocketed investors have shown a bullish stance on MicroStrategy (NASDAQ:MSTR) through significant options activity, with 42 extraordinary options trades observed. The sentiment is mixed, with 50% bullish and 35% bearish. The stock is currently trading at $1474.1, down by 3.36%. Analysts have mixed ratings with target prices ranging from $1826 to $2890.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 2:02 pm

MHK

Mohawk Industries (NYSE:MHK) has seen an 8.46% increase in its short percent of float, now at 3.59% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, compared to its peers, Mohawk's short interest is lower than the peer group average of 6.07%.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 1:00 pm

ANF

Abercrombie & Fitch (NYSE:ANF) has seen a 12.34% decrease in its short percent of float, now at 15.56%. This indicates a more bullish sentiment compared to its peers, which have an average short interest of 17.11%.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 1:00 pm

CPT

Camden Property Trust (NYSE:CPT) has seen a 29.89% increase in short interest, with 3.49 million shares sold short, representing 4.65% of its float. This is higher than the peer group average of 3.86%. It would take traders 4.9 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 1:00 pm

LIN

Significant options activity has been observed for Linde (NASDAQ:LIN), with a majority of trades being bullish. This unusual activity suggests that investors are anticipating a potential price movement for Linde within the range of $415 to $480. The overall sentiment is 72% bullish and 18% bearish.

Portfolio Pulse from Benzinga Insights

June 27, 2024 | 7:01 pm

PFE

Significant investors have taken a predominantly bearish stance on Pfizer (NYSE:PFE) as observed through unusual options trading activity. The sentiment is split with 25% bullish and 56% bearish trades. The trading activity suggests a price range of $15.0 to $34.0 for Pfizer over the next three months. The stock is currently neutral with an RSI indicator and is trading at $27.4. Analysts have set an average target price of $45.0.

Portfolio Pulse from Benzinga Insights

June 27, 2024 | 6:19 pm

TXN

High-rolling investors have shown unusual options activity in Texas Instruments (NASDAQ:TXN), with a majority being bullish. This significant move often signals privileged information. The trading volumes and open interest suggest a price range between $175.0 and $270.0. Currently, TXN is trading at $193.68, up by 0.3%. Analysts have maintained a Buy rating with a target price of $230.0.

Portfolio Pulse from Benzinga Insights

June 27, 2024 | 6:02 pm

DASH

DoorDash's short percent of float has increased by 7.91%, with 14.46 million shares sold short, representing 3.82% of its float. This indicates a rise in bearish sentiment, although it is still below the peer group average of 9.93%.

Portfolio Pulse from Benzinga Insights

June 27, 2024 | 5:45 pm