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COP

ConocoPhillips (NYSE:COP) has seen a 7.29% decrease in short interest since the last report, with 10.58 million shares sold short, representing 0.89% of available shares. The average time to cover these short positions is 2.03 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. ConocoPhillips has a lower short interest compared to its peer group average of 6.10%.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 4:45 pm

MASI

Masimo Corp's stock (MASI) is trading lower after a U.S. Appeals Court halted the import ban on the Apple Watch. The ban was related to a patent dispute between Masimo and Apple, where Masimo claimed that Apple infringed on its pulse oximetry patents with the Apple Watch's blood oxygen monitoring feature. The pause on the import ban allows Apple to continue importing and selling its watches while the court case is ongoing.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 4:43 pm

CYTK

HC Wainwright & Co. analyst Joseph Pantginis has reaffirmed a Buy rating on Cytokinetics (NASDAQ:CYTK) and increased the price target from $58 to $94, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 4:36 pm

AAPL

MASI

The U.S. Appeals Court has temporarily paused an import ban on certain Apple Watch models that was previously imposed. This decision comes as a relief to Apple, as the ban was related to a patent infringement case involving Masimo Corp's pulse oximetry technology. The stay on the import ban allows Apple to continue importing and selling the affected Apple Watch models while the legal proceedings continue.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 4:32 pm

UBS

UBS Group AG (NYSE:UBS) has delivered an average annual return of 20.01% over the past 5 years, outperforming the market by 6.3% on an annualized basis. With a current market cap of $100.04 billion, a $100 investment in UBS stock 5 years ago would be worth $252.30 today.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 4:31 pm

WY

Weyerhaeuser Co (NYSE:WY) has entered the voluntary carbon market with its first sale of around 32,000 forest carbon credits at $29 each, from its Kibby Skinner Improved Forest Management Project in Maine. The company is developing several IFM projects across its 11-million-acre U.S. land base, with two expected to be approved in 2024. Additionally, Weyerhaeuser recently sold and purchased timberland in separate transactions totaling over $330 million. As of September 30, the company had $1.8 billion in cash and equivalents. WY shares rose 0.71% to $34.88.

Portfolio Pulse from Lekha Gupta

December 27, 2023 | 4:20 pm

ORGO

Shares of Organogenesis Holdings are trading higher following BTIG's reaffirmation of a Buy rating and an increase in the price target from $4 to $6.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 4:18 pm

GS

Goldman Sachs Gr (NYSE:GS) has experienced a 3.97% increase in short interest since its last report, with 4.26 million shares sold short, representing 1.31% of its float. It would take about 2.59 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Compared to its peers, GS has a lower short interest as a percentage of float, with the peer group average at 4.58%.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 4:15 pm

DFS

Discover Financial Services (NYSE:DFS) has seen a 24.7% decrease in short interest since its last report, with 5.26 million shares sold short, representing 2.47% of its float. The average time to cover these short positions is 3.07 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Compared to its peers, DFS has a lower short interest as a percentage of float, with the peer group average at 8.53%.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 4:15 pm

DELL

Dell Technologies (NYSE:DELL) has seen a decrease in short interest, with the short percent of float dropping 6.39% since the last report. The current short interest is 11.74 million shares, 4.54% of the float, with a short covering time of 2.73 days. This decline in short interest may indicate a more bullish sentiment among investors. Dell's short interest is below its peer group average of 6.72%.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 4:15 pm