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SGEN

Seagen's (NYSE:SGEN) short percent of float has risen 11.51% since its last report, with 7.48 million shares sold short, which is 5.33% of all regular shares available for trading. It would take traders 5.38 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Seagen's peer group average for short interest as a percentage of float is 3.58%, indicating the company has more short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 8:15 pm

FDX

FedEx's (NYSE:FDX) short percent of float has fallen 7.08% since its last report, with 2.43 million shares sold short, which is 1.05% of all regular shares available for trading. It would take traders 1.77 days to cover their short positions on average. FedEx's peer group average for short interest as a percentage of float is 3.39%, indicating that the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 8:15 pm

CCNE

CNB Financial (NASDAQ:CCNE) reported Q3 earnings of $0.60 per share, beating the analyst consensus estimate of $0.55 by 9.09%. However, this is a 33.33% decrease from the same period last year. The company also reported quarterly sales of $47.24 million, beating the estimate of $45.35 million by 4.16%, but this is a 5.35% decrease from last year.

Portfolio Pulse from Happy Mohamed

October 23, 2023 | 8:15 pm

TBI

TrueBlue reported Q3 earnings of $0.16 per share, missing the analyst consensus estimate of $0.23 by 30.43%. This is a 78.67% decrease from the same period last year. The company also reported quarterly sales of $473.00 million, missing the analyst consensus estimate of $488.94 million by 3.26%, a 17.84% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:10 pm

TBI

TrueBlue reported Q3 sales of $473 million, missing the analyst consensus estimate of $488.94 million by 3.26 percent. This represents a 17.84 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:09 pm

CLF

Cleveland-Cliffs (NYSE:CLF) reported Q3 earnings of $0.52 per share, beating the analyst consensus estimate of $0.44 by 18.18%. This is a 79.31% increase from the same period last year. The company also reported quarterly sales of $5.61 billion, beating the analyst consensus estimate of $5.58 billion by 0.45%, but a 0.85% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:06 pm

FTEL

Fitell Corporation (NASDAQ:FTEL) has announced the promotion of Ms. Yinying 'Sam' Lu, the general manager of its sole operating subsidiary in Australia, GD Wellness Pty Ltd, to CEO, effective October 23, 2023. The current CEO, Mr. Guy Robertson, will step down due to increasing commitments elsewhere. The decision comes as Fitell is entering a phase of expansion and strategic evolution following its successful IPO. Under Lu's leadership, GD Wellness' customer base grew from 60,000 members in 2019 to over 100,000 members in 2022.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:01 pm

AVDX

Over the past 3 months, 4 analysts have published their opinion on AvidXchange Holdings (NASDAQ:AVDX) stock. The majority of these analysts are somewhat bullish on the stock, with an average price target of $13.25, a decrease of 0.6% from the previous average price target of $13.33.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 8:01 pm

WEAV

Five analysts have provided indifferent ratings for Weave Communications (NYSE:WEAV) over the last quarter. The average price target given by these analysts is $11.2, which is significantly higher than the current price of $6.85. This average price target has increased by 33.33% from the previous average of $8.40.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 8:01 pm

MNDY

Analysts have provided various ratings for Monday.Com (NASDAQ:MNDY) within the last quarter, with a total of 5 bullish, 5 somewhat bullish, and 3 indifferent ratings. The average 12-month price target for the company has increased by 7.54% from the previous average, now standing at $204.23.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 8:00 pm