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ROST

Ross Stores (NYSE:ROST) has seen a decrease in short interest, with the current level at 3.86 million shares or 1.36% of float. This represents a 3.55% drop since the last report and would take 1.31 days to cover based on average trading volume. Short interest is a market sentiment indicator, and Ross Stores has a lower short interest compared to its peer group average of 16.63%.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 8:15 pm

PDD

PDD Holdings (NYSE:PDD) has seen a 12.38% increase in short interest since the last report, with 31.71 million shares sold short, representing 4.72% of available shares. It would take about 2.82 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, PDD Holdings has less short interest compared to its peers, with an average of 11.31% in the peer group. This rise in short interest does not necessarily predict a price drop but suggests traders are shorting more shares.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 8:15 pm

HLT

Hilton Worldwide Holdings Inc. (NYSE:HLT) stock has risen by 6.85% over the past month and 31.18% over the past year, currently trading at $178.47. The company's P/E ratio of 35.76 is higher than the industry average of 32.51, which could suggest overvaluation or better performance expectations.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 8:00 pm

LIND

Lindblad Expeditions' stock (LIND) is observed to be moving higher on increased volume following mentions in a microcap newsletter. The newsletter suggests that LIND is still undervalued but is no longer a contrarian pick.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:56 pm

ABL

Abacus Life Inc (NASDAQ:ABL) shares increased by 12.3% to $7.75 after announcing a $15 million stock repurchase program. The CEO is confident in the company's growth and shareholder value. The repurchase method may vary, and the program can be adjusted or halted. Financing will come from existing cash and future cash flow. ABL's 52-week range is between $5.47 and $11.43.

Portfolio Pulse from Henry Khederian

December 12, 2023 | 7:52 pm

Z

ZG

Zillow's stock has seen an increase in trading after JMP Securities upgraded its rating from Market Perform to Market Outperform.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:49 pm

EXPE

Expedia's stock (EXPE) trades lower following a downgrade by Barclays from Overweight to Equal-Weight, despite an increase in the price target from $136 to $150.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:46 pm

MRNA

Moderna's stock price has declined following the company's announcement of changes to its operating model aimed at aligning with its short- and long-term business objectives.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:37 pm

MRNA

Moderna's stock price fell 5.5% to $77.51 following the announcement of changes to its operating model aimed at aligning with its business goals. Additionally, the company's Chief Commercial Officer has stepped down, and Morgan Stanley has reduced its target price for Moderna to $92.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:34 pm

PPG

PPG Industries (NYSE:PPG) has delivered an average annual return of 13.35% over the past 15 years, outperforming the market by 1.89% annually. A $100 investment in PPG stock 15 years ago would be worth $634.41 today. The company's current market capitalization stands at $34.39 billion.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 7:31 pm