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Short selling in ETFs has been largely unprofitable over the last month, with 92% of all ETF shorts losing money. The SPDR S&P 500 ETF (SPY) was the most heavily shorted and least profitable, with short sellers losing $5.5 billion as the ETF rose 11.2%. The Invesco QQQ Trust ETF (QQQ) and iShares Russell 2000 ETF (IWM) also saw significant losses for short sellers. Conversely, the Proshares Ultrapro Short QQQ ETF (SQQQ) was profitable for shorts, as were ETFs tracking the VIX index.

Portfolio Pulse from Neil Dennis

November 30, 2023 | 2:48 pm

ADTX

Shares of Aditxt, Inc. were halted due to a circuit breaker after a sharp increase in price, with the stock surging 42.9%.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 2:48 pm

SNGX

Shares of Soligenix were halted due to a circuit breaker after experiencing a significant increase, with the stock price surging by 116.7%.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 2:47 pm

BPOP

CVLY

EIG

SHG

TRIN

The article lists 5 value stocks in the financial services sector with low P/E ratios, indicating potential undervaluation. The stocks are Shinhan Finl Gr (SHG), Trinity Cap (TRIN), Employers Holdings (EIG), Codorus Valley Bancorp (CVLY), and Popular (BPOP). All companies have seen a decrease in earnings per share from Q2 to the current reporting period, with Employers Holdings and Codorus Valley Bancorp also reporting changes in dividend yields.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:47 pm

USO

Saudi Arabia and Russia have announced significant oil production cuts, with Saudi Arabia reducing output by 1 million barrels per day and Russia by 500,000 barrels per day. Other countries are also expected to cut production further, which could lead to a tightening of global oil supplies.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 2:46 pm

BBDC

Barings BDC (NYSE:BBDC) has announced a quarterly dividend of 26 cents per share, with Monday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Tuesday, meaning it will likely open 26 cents lower. The dividend is scheduled to be paid on December 13, 2023.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:45 pm

TXRH

Texas Roadhouse (NASDAQ:TXRH) announced a quarterly dividend of 55 cents per share, with the ex-dividend date set for Tuesday. Shareholders must own the stock before this date to be eligible for the dividend, which will be paid on December 26, 2023. The stock is expected to open 55 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:45 pm

LEA

Lear Corporation (NYSE:LEA) has announced a quarterly dividend of 77 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning LEA stock by the end of Monday are eligible for the dividend, which will be paid on December 26, 2023. The stock is expected to open 77 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:45 pm

SRE

Monday is the last day for investors to buy Sempra (NYSE:SRE) shares to be eligible for its upcoming quarterly dividend payout of 59.5 cents per share. Sempra will go ex-dividend on Tuesday, which will likely result in the stock opening 59.5 cents lower to reflect the dividend payout. The dividend is scheduled to be paid on January 15, 2024, to shareholders who own the stock by the end of Monday's session.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:45 pm

AVT

Avnet (NASDAQ:AVT) has announced a quarterly dividend of 31 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday's session will be eligible for the dividend, which will be paid on December 20, 2023. The stock is expected to open 31 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:45 pm