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CELH

Celsius Holdings (NYSE:CELH) has seen a 7.2% decrease in short interest since the last report, with 30.65 million shares sold short, representing 32.1% of its float. It would take about 3.31 days to cover all short positions based on current trading volume. While a decrease in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term price rise. Celsius Holdings has a significantly higher short interest compared to its peer group average of 3.97%.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 1:15 pm

SJM

J.M. Smucker Company (NYSE:SJM) reported Q2 FY24 sales of $1.94 billion, a 12% decline YOY, missing estimates by $0.01 billion. Adjusted EPS of $2.59 beat estimates by $0.12. FY24 adjusted EPS guidance was revised to $9.25 - $9.65, compared to the consensus of $9.48. Smucker's dividend yield is 3.65%, with a quarterly dividend of $1.06 per share. To earn $500 monthly from dividends, an investor would need 1,415 shares, valued at approximately $164,310. Smucker shares rose 3.3% to close at $116.12 on Tuesday.

Portfolio Pulse from Lisa Levin

December 06, 2023 | 1:15 pm

NLY

Annaly Capital Management (NYSE:NLY) has seen a 26.79% increase in short interest since its last report, with 14.93 million shares sold short, representing 3.36% of its float. It would take about 2.97 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. NLY's short interest is below its peer group average of 6.44%.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 1:15 pm

PLD

Prologis (NYSE:PLD) has seen a decrease in short interest, with the short percent of float dropping 3.82% since the last report. The company has 10.04 million shares sold short, representing 1.26% of available shares, with a cover time of 2.82 days. This decline in short interest may indicate a more bullish sentiment among investors, although it doesn't necessarily predict a near-term price rise. Prologis has a lower short interest compared to its peer group average of 4.45%.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 1:15 pm

SPY

The ADP Nonfarm Employment Change for November reported 103K jobs added, which is below the estimated 130K. This could indicate a slower growth in employment, potentially affecting investor sentiment and market performance.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:15 pm

DAL

Delta Air Lines reported a strong operational performance during the 10-day Thanksgiving period, with over 50,000 flights and fewer than 20 cancellations.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:13 pm

S

SentinelOne's stock price is on the rise following the release of their third-quarter financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:12 pm

DAL

Delta Air Lines CEO has stated that their consumers are faring well and continue to prioritize travel despite economic uncertainties. This indicates a positive outlook for the airline industry and suggests that demand for air travel remains strong.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:12 pm

ASAN

Asana's stock price is trading lower following the release of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:12 pm

FLNC

Fluence's stock price has dropped following the announcement of a secondary offering of Class A common stock by its existing controlling stockholders. This offering indicates that these stockholders are looking to sell shares, which can often lead to dilution of existing shares or suggest that insiders see the stock as fully valued or overvalued.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:12 pm