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ADSK

Autodesk's (ADSK) short interest has increased by 11.41% since the last report, with 3.55 million shares sold short, representing 1.66% of its float. It would take approximately 2.93 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards ADSK, although it has less short interest compared to its peer group average of 3.05%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on its decline.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:30 pm

BLDR

Builders FirstSource (NYSE:BLDR) has significantly outperformed the market with an annualized return of 26.05% over the past 10 years, resulting in an average annual return of 36.44%. A $1000 investment in BLDR 10 years ago would now be worth $22,354.45. The company currently has a market capitalization of $22.03 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:30 pm

CAN

Canaan's (NYSE:CAN) short interest has increased by 22.62% since the last report, with 22.34 million shares sold short, representing 9.54% of its float. This indicates a bearish market sentiment towards CAN, although it's higher than its peer group average of 6.64%. The article suggests that an increase in short interest can sometimes be bullish, as it may lead to a short squeeze.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:30 pm

POL

Polished, identified by its ticker symbol POL, has seen its shares trading lower following the company's announcement of a lowered guidance for the fiscal year 2023. This adjustment in guidance suggests that Polished is anticipating weaker financial performance than previously expected.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 5:30 pm

SONY

Sony Group's (NYSE:SONY) short interest has increased by 15.38% since the last report, with 1.80 million shares sold short, representing 0.15% of available shares. It would take about 2.72 days to cover these short positions. Short interest is a key indicator of market sentiment, and an increase suggests a more bearish outlook. However, Sony's short interest is below its peer group average of 2.77%, indicating less bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:30 pm

FTNT

Over the past 10 years, Fortinet (NASDAQ:FTNT) has significantly outperformed the market, with an average annual return of 31.23%, turning a $100 investment into $1,514.47 today. Fortinet's market capitalization currently stands at $52.89 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:30 pm

MEDP

Medpace Holdings' shares surged following the announcement of Q4 earnings per share (EPS) results that exceeded expectations. Additionally, the company provided an optimistic EPS guidance for FY24, surpassing analysts' forecasts.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 5:30 pm

BLKB

Blackbaud's stock is trading lower due to disappointing Q4 revenue results and the issuance of FY24 EPS guidance that fell below analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 5:27 pm

POL

Shares of Polished Inc. were halted due to a circuit breaker after experiencing a significant drop of 57.4%.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 5:26 pm

POL

Trading of Polished Inc. shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 5:25 pm