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BH

Biglari Holdings (NYSE:BH) has seen a decrease in short interest, with the short percent of float falling 4.17% since the last report. The company has 6 thousand shares sold short, representing 0.69% of available shares, with a cover time of 1.67 days. This decline in short interest may indicate a more bullish sentiment towards BH, contrasting with the peer group average short interest of 7.78%.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:45 pm

LBRDA

Liberty Broadband's (NYSE:LBRDA) short interest has decreased by 5.17% since the last report, with 271 thousand shares sold short, representing 1.65% of its float. This decline in short interest could indicate a more bullish sentiment towards LBRDA among traders. Compared to its peers, LBRDA has a significantly lower short interest percentage of float, with an average of 9.76% among its peers.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:45 pm

PM

Philip Morris International Inc (NYSE:PM) shares fell after reporting Q4 results with revenues slightly beating expectations at $9.047 billion versus $9.01 billion expected, but adjusted EPS of $1.36 missing the $1.45 estimate. Organic net revenue grew by 8.3%, driven by higher combustible tobacco pricing. The company also saw significant growth in ZYN nicotine pouch shipments in the U.S. However, adjusted operating income margin decreased compared to the previous year. For 2024, Philip Morris projects net revenue growth of 6.5% to 8% and adjusted EPS below Wall Street estimates.

Portfolio Pulse from Nabaparna Bhattacharya

February 08, 2024 | 6:38 pm

KYTX

Kyverna Therapeutics' shares opened for trade at $34.25 after its IPO was priced at $22 per share, involving 14.5 million shares.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 6:37 pm

ADAUSD

Cardano (ADA) experienced a 9% rally, reaching an 18-month high, with analysts predicting further gains. The Cardano Foundation's 2023 report highlighted significant achievements and partnerships, contributing to positive sentiment around ADA. Analysts see potential for a 32% rally if ADA sustains a close above $0.53, with technical indicators supporting bullish forecasts.

Portfolio Pulse from Khyathi Dalal

February 08, 2024 | 6:35 pm

FCFS

FirstCash Holdings (NYSE:FCFS) has seen a 22.07% decrease in short interest, now at 337 thousand shares or 1.13% of float, indicating a potential shift in market sentiment towards the stock. With a peer average short interest of 8.44%, FCFS's lower short interest suggests it is viewed more favorably than its peers. The decrease in short interest could signal a more bullish outlook among investors, despite not guaranteeing near-term stock price rise.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:30 pm

ZBH

Zimmer Biomet Holdings (NYSE:ZBH) has seen a decrease in short interest, now at 2.52% of its float, down 3.45% from the last report. With 4.11 million shares sold short, it would take about 2.27 days to cover all short positions. This decline in short interest could indicate a more bullish sentiment towards ZBH among investors. Compared to its peers, ZBH has a lower short interest percentage, with the average for its peer group being 4.15%.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:30 pm

COF

Over the past 15 years, Capital One Financial (NYSE:COF) has outperformed the market with an annualized return of 17.38%, turning a $1000 investment into $10,913.68. The company currently has a market capitalization of $50.89 billion.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:30 pm

WFRD

Weatherford International (NYSE:WFRD) has seen a decrease in short interest, now at 6.01% of its float, lower than its peer group average of 7.73%. This indicates a potential shift in market sentiment towards a more bullish outlook for WFRD, despite the short interest not directly predicting stock price movements.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:30 pm

DLTR

Over the past 20 years, Dollar Tree (NASDAQ:DLTR) has produced an average annual return of 13.52%, turning a $1000 investment into $12,622.38 today. With a current market capitalization of $30.47 billion, DLTR has outperformed the market by 5.97% on an annualized basis.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:30 pm