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AWK

American Water Works (NYSE:AWK) has seen a 10.91% decrease in short interest since its last report, with 2.53 million shares sold short, representing 1.47% of its float. The average time to cover these short positions is 2.05 days. A decrease in short interest can indicate a more bullish sentiment from investors. AWK's short interest is below its peer group average of 1.64%.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 3:30 pm

SPY

USA crude oil inventories saw a significant increase with a build of 8.701 million barrels, surpassing the estimated build of 1.160 million barrels and the prior build of 3.592 million barrels. This unexpected surge in oil inventories could suggest lower demand or higher production, potentially impacting oil prices and related stocks.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 3:30 pm

NVO

Novo Nordisk's (NYSE:NVO) short interest has decreased by 25.71% since the last report, with 4.43 million shares sold short, representing 0.26% of available shares. The average time to cover these short positions is 1.18 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Novo Nordisk has a lower short interest compared to its peer group average of 3.25%.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 3:30 pm

KKR

KKR & Co's (NYSE:KKR) short interest has decreased by 17.5% since the last report, with 6.63 million shares sold short, representing 0.99% of available shares. The average time to cover these short positions is 2.1 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. KKR's short interest is below its peer group average of 3.21%.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 3:30 pm

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares have declined by nearly 8% over the past five days. The company announced organizational changes with CEO RJ Scaringe taking over product development, and the introduction of a leasing program for select R1T configurations. Rivian has a high short interest with over 19% of RIVN shares sold short. The stock is trading below its 50-day moving average and near its 52-week low.

Portfolio Pulse from Erica Kollmann

November 22, 2023 | 3:29 pm

DE

Deere & Company's CFO reported during a conference call that demand in Brazil weakened significantly more than anticipated in the second half of the year.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 3:26 pm

HPQ

HP reported a year-over-year increase in Q4 EPS and provided FY24 EPS guidance that exceeded analyst estimates, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 3:23 pm

DE

During a conference call, an executive from Deere & Company stated that their pricing has caught up with inflation and that they observed a return to normal supply chain conditions in the fourth quarter.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 3:22 pm

SOL

Emeren Group Ltd (NYSE:SOL) shares dropped over 9% after reporting Q3 FY23 results with revenue of $13.95 million, significantly missing the consensus estimate of $28.29 million. The decline of 42% Y/Y was attributed to delayed government approval for a solar project in Hungary. Despite this, gross profit increased to $5.7 million with a higher margin compared to the previous year. The company posted an adjusted EBITDA loss and a loss per ADS, both missing consensus estimates. Emeren's FY23 outlook anticipates lower revenue than expected but projects a net income and a gross margin within a specific range. SOL's stock price fell to $2.3807.

Portfolio Pulse from Lekha Gupta

November 22, 2023 | 3:21 pm

ACB

CURLF

IMCC

SPRC

TKUNF

Israel's cannabis industry is growing, with increased medical cannabis prescriptions post-Gaza war. ICD Pharma, Tikun Olam Cannbit (TKUNF), and Syqe Medical are key players, with Syqe set for a $650 million acquisition by Philip Morris. IM Cannabis Corp. (IMCC) was the first Israeli cannabis company on NASDAQ. Curaleaf Holdings (CURLF) and Aurora Cannabis (ACB) are North American companies involved in Israel's market. SciSparc Ltd. (SPRC) plans to merge with an unnamed vehicle importer, expecting the importer to hold 80% of the combined entity post-merger and financing round.

Portfolio Pulse from Jelena Martinovic

November 22, 2023 | 3:18 pm