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GBTC

IBIT

Bitcoin spot ETFs experienced mixed fortunes with a total net inflow of $132 million, despite market volatility. Grayscale ETF (GBTC) saw a net outflow of $257 million, while BlackRock's IBIT ETF recorded a net inflow of $345 million. The cryptocurrency market, including Bitcoin and Ether, faced significant volatility, with institutional investors unwinding positions and the Bitcoin forward curve declining, indicating a potential shift in investor sentiment.

Portfolio Pulse from Murtuza Merchant

March 15, 2024 | 4:16 pm

MAR

Marriott Intl's (NYSE:MAR) short interest has decreased by 9.5%, with 4.76 million shares sold short, representing 2.19% of its float. This decline in short interest, which now requires an average of 3.08 days to cover, could indicate a more bullish sentiment towards MAR compared to its peers, where the average short interest as a percentage of float is 5.20%.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 4:15 pm

SPG

Simon Property Group (NYSE:SPG) has seen an increase in short interest, now at 4.51 million shares or 1.88% of float, taking 2.94 days on average to cover. This rise in short interest can indicate a bearish market sentiment towards SPG, though it's lower than its peer group average of 5.41%. Short interest is a key indicator of market sentiment, and while an increase can suggest bearishness, it can also present bullish opportunities under certain conditions.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 4:15 pm

CLOV

Clover Health Investments (NYSE:CLOV) has seen a 6.6% increase in its short percent of float since the last report, with 29.52 million shares sold short, representing 7.43% of available shares. This indicates a bearish market sentiment, although it's not a definitive predictor of stock price movement. Clover Health's short interest is higher than its peer group average of 3.32%.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 4:15 pm

INTS

Intensity Therapeutics shares surged following the announcement of a year-over-year increase in FY24 EPS results.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 4:13 pm

DESP

Despegar.com's shares increased in value following the announcement of their Q4 2023 results, which showed sales exceeding expectations despite mixed overall outcomes.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 4:09 pm

MNTK

Montauk Renewables reported disappointing Q4 earnings and sales, leading to a decline in its share price.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 4:08 pm

AVD

CDLX

CISS

IMRX

SLS

VERB

U.S. stocks traded lower with the Dow Jones, NASDAQ, and S&P 500 all falling. Energy shares rose by 0.6%, while information technology shares fell by 0.9%. Consumer sentiment in March dropped to its lowest in three months. Verb Technology, Cardlytics, and American Vanguard saw significant stock price increases, while C3is, SELLAS Life Sciences, and Immuneering Corporation experienced notable declines. Oil and gold prices fell, while silver and copper prices rose.

Portfolio Pulse from Avi Kapoor

March 15, 2024 | 4:05 pm

BLNK

Blink Charging's shares dropped following the release of their Q4 financial results. Additionally, Roth MKM kept a Buy rating but reduced the price target from $25 to $12.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 4:04 pm

VERB

Verb Technology shares have resumed trading, indicating a return to normal market operations for the company.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 4:03 pm