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OMI

Owens & Minor (NYSE:OMI) has seen a 5.9% decrease in short interest since its last report, with 5.24 million shares sold short, representing 12.12% of its float. This indicates a bearish sentiment, although it's lower than before. The stock's short interest is significantly higher than its peer group average of 3.33%, suggesting Owens & Minor is more heavily shorted than its counterparts. The decrease in short interest doesn't necessarily predict a price increase but shows less shorting activity.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:00 pm

BAC

Bank of America's (NYSE:BAC) short interest has decreased by 9.52%, now standing at 64.80 million shares or 0.95% of its float. This decline in short interest, which now takes traders approximately 1.76 days to cover, could indicate a more bullish sentiment towards BAC compared to its peers, where the average short interest as a percentage of float is 1.72%.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:00 pm

LPX

Analyst ratings for Louisiana-Pacific (NYSE:LPX) show varied opinions, with recent adjustments reflecting a generally positive outlook. The average 12-month price target is $84.75, marking a 3.99% increase from the previous target. Analysts from BMO Capital, Loop Capital, RBC Capital, and DA Davidson have provided updates, with price targets ranging from $76.00 to $99.00. Louisiana-Pacific, a major player in the oriented strand board market, faces revenue challenges but demonstrates strong financial performance with high net margin, ROE, and ROA, alongside prudent debt management.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:00 pm

TRXUSD

TRON (CRYPTO: TRX) has seen a price increase of 3.53% in the last 24 hours, reaching $0.13, with a weekly gain of over 2.0% from $0.12. Despite a 7.0% decrease in trading volume over the week, its circulating supply slightly rose by 0.02% to over 87.50 billion. TRX's market cap ranks it 14th at $11.08 billion.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:00 pm

GPATU

Trading for the IPO security GPATU has resumed after a temporary halt. The halt status was updated and the security was released for quotation at 11:00:00 AM ET.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 3:00 pm

LRTX

Lirum Therapeutics, Inc (NASDAQ:LRTX) is set to IPO on May 10, offering shares priced between $10.00 and $12.00. The company, a clinical stage biopharmaceutical firm, focuses on developing novel drug candidates for debilitating diseases. An insider lock-up period is set for 180 days, ending on November 06, 2024.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:00 pm

PAL

Proficient Auto Logistics (PAL) has indicated its IPO price at $15.46 per share for 242,281 shares, with the IPO initially priced at $15 per share for 14.33 million shares.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 2:56 pm

SVCO

Silvaco Group's IPO was priced at $19 per share, with an indication of $21.16 per share on 275,550 shares. The total offering was on 6 million shares.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 2:56 pm

HL

Hecla Mining's shares surged after the company reported a first-quarter revenue that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 2:55 pm

CBSTF

Cannabist Company Holdings Inc. (CBSTF) reported Q1 2024 results with revenue at $122.6M, a slight decrease from the previous year, and a net loss trimmed by 5% YoY to $34.6M. The company highlighted strategic partnerships and retail expansion as key operational highlights, despite facing cash flow challenges. Shares of CBSTF were trading 9.09% lower at $0.28 per share.

Portfolio Pulse from Patricio Liddle

May 09, 2024 | 2:54 pm