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BABA

Alibaba Gr Holding's (NYSE:BABA) short interest has increased by 5.85%, with 43.47 million shares sold short, representing 1.81% of its float. The short interest now takes approximately 1.82 days to cover. This rise in short interest indicates a more bearish market sentiment towards BABA, although it has less short interest compared to its peer group average of 8.45%. The increase in short interest can be a bullish signal for the stock.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 4:00 pm

RGLD

Royal Gold (NYSE:RGLD) has seen a decrease in short interest, now at 4.49% of its float, lower than its last report. The short interest represents 2.32 million shares, with a cover time of 6.56 days based on trading volume. This decline in short interest could indicate a more bullish sentiment towards RGLD compared to its peers, where the average short interest is 2.62% of the float.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 4:00 pm

RDDT

Reddit's shares are expected to open between $50-$52, significantly higher than the IPO price of $34 each.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 3:58 pm

RDDT

Reddit's IPO is indicating a share price of $49-$49.25, significantly higher than its initial pricing at $34 per share for 22 million shares.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 3:52 pm

LOBO

Trading for the IPO security LOBO was halted but has now resumed as of 11:50 AM ET.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 3:50 pm

JKS

Goldman Sachs analyst Brian Lee maintains a Sell rating on JinkoSolar Holding Co (NYSE:JKS) and lowers the price target from $30 to $26.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 3:47 pm

RDDT

Reddit's shares are expected to open between $44-$48, significantly higher than the IPO price of $34 each.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 3:47 pm

AYRWF

CCHWF

JUSHF

MSOS

STHZF

Vice President Harris has urged the DEA to expedite the rescheduling of cannabis, a move analyzed by Zuanic & Associates as a potential turning point in national drug policy. The report covers implications of rescheduling, FDA oversight, and the effects on the cannabis industry, including banking access and stock exchange listings. Pablo Zuanic predicts a 51% chance of DEA rescheduling cannabis, which previously spurred a market surge, notably benefiting the MSOS ETF and companies like StateHouse, Columbia Care, Jushi, and AYR Wellness.

Portfolio Pulse from Nicolás Jose Rodriguez

March 21, 2024 | 3:47 pm

RGA

Reinsurance Gr (NYSE:RGA) has seen a 28.33% increase in short interest since its last report, with 398 thousand shares now sold short, representing 0.77% of its float. This increase in short interest could indicate a more bearish market sentiment towards RGA, although it has less short interest compared to its peers' average of 1.43%.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 3:45 pm

SRE

Sempra's (NYSE:SRE) short interest has decreased by 8.42% since the last report, with 11.63 million shares sold short, representing 1.85% of its float. The current short interest suggests a bullish sentiment among investors, as it is lower than the peer group average of 3.22%. This change in short interest could influence Sempra's stock performance in the short term.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 3:45 pm