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MMM

3M's (NYSE:MMM) short percent of float has risen 7.41% since its last report, with 12.76 million shares sold short, which is 2.32% of all regular shares available for trading. This is higher than the average short interest of its peer group, which is 1.86%. Short interest can act as an indicator of market sentiment towards a particular stock.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 3:15 pm

CTAS

Cintas's (NYSE:CTAS) short percent of float has risen 11.45% since its last report, with 1.12 million shares sold short, which is 1.46% of all regular shares available for trading. It would take traders 3.07 days to cover their short positions on average. The company has less short interest than most of its peers, with the average for its peer group being 3.31%.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 3:15 pm

CDW

CDW's short percent of float has risen 35.94% since its last report, with 2.04 million shares sold short, which is 1.74% of all regular shares available for trading. It would take traders 3.08 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. CDW's peer group average for short interest as a percentage of float is 3.36%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 3:15 pm

AXTA

Axalta Coating Systems (AXTA) has seen a significant increase in the volume of its January 19 $30 calls, with 1492 contracts traded at $0.801 each, compared to an open interest of 67. The company is set to announce its earnings on November 1.

Portfolio Pulse from Charles Gross

October 12, 2023 | 3:14 pm

GTH

Genetron has announced a definitive merger agreement for a going private transaction, which has led to an increase in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 3:14 pm

SLNH

Soluna announced a 1-for-25 reverse stock split, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 3:07 pm

SOPA

Society Pass (SOPA) has announced an equity line of up to $40 million to invest into its operating subsidiaries, which are projected to go public in 2024. This has led to a rise in SOPA's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 3:06 pm

BA

A 'whale' investor has taken a bullish stance on Boeing (NYSE:BA), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $180.0 to $310.0 for Boeing over the last 3 months. The price of BA is currently down -1.91% at $192.32. Several banks have given their ratings and price targets for Boeing, with UBS and Deutsche Bank downgrading their actions.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 3:03 pm

LL

Live Ventures has submitted a proposal to acquire LL Flooring for $5.85 per share in cash, causing LL Flooring shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 3:03 pm

TTOO

T2 Biosystems Inc (TTOO) shares have dropped by 42.7% after the company announced a reverse stock split at a ratio of 1 post-split share for every 100 pre-split shares. The move is aimed at meeting the minimum bid price requirement for maintaining its Nasdaq Capital Market listing.

Portfolio Pulse from Henry Khederian

October 12, 2023 | 3:01 pm