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PAYX

Paychex's (NYSE:PAYX) short percent of float has fallen 6.08% since its last report, with 8.96 million shares sold short, which is 2.78% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Paychex has less short interest as a percentage of float, with an average of 5.70%.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 2:15 pm

CMCSA

Comcast's (NYSE:CMCSA) short percent of float has risen 16.13% since its last report, with 44.12 million shares sold short, which is 1.08% of all regular shares available for trading. It would take traders 3.0 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Comcast's peer group average for short interest as a percentage of float is 12.55%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 2:15 pm

SEEL

Seelos Therapeutics has announced a $4.5 million registered direct offering of 15 million shares at $0.30 per share, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 2:13 pm

ETHUSD

TRXUSD

USDTUSD

Justin Sun, founder of Tron Network (CRYPTO: TRX), announced that there is $1B in Tether (USDT) on his blockchain network. Tron's transaction rate has seen an uptick and is now averaging a rate that's more than 500% of the Ethereum Network's (CRYPTO: ETH). As of Sept. 17, Tron averaged 4.5 million daily transactions and Ethereum averaged 880,000 daily transactions.

Portfolio Pulse from Justin Roberti

September 21, 2023 | 2:12 pm

AAPL

INTC

The Editor in Chief of 9to5Mac has tweeted that Apple is using Intel chips again.

Portfolio Pulse from Charles Gross

September 21, 2023 | 2:10 pm

Investor Business Daily SwingTrader has reportedly sold its stock in General Electric.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 2:03 pm

ARM

AVGO

CART

CSCO

DRI

FDS

GOOG

GOOGL

KBH

KDP

KHC

MRVL

NIO

PARA

SBUX

SPLK

TOSBF

UBS

WBD

Weekly jobless claims fell to 201,000, below estimates. Cisco Systems is acquiring Splunk for $28 billion, causing a rally in Splunk's stock and a fall in Cisco's. Starbucks announced a 7.5% increase in its quarterly dividend. Keurig Dr Pepper appointed Tim Cofer as COO, effective Nov.6, 2023. Kraft Heinz recalled 83,800 cases of Kraft Singles due to choking hazard. Google is replacing Broadcom with Marvell for AI chips. Nio launched a smartphone to compete in China's EV market. Toshiba is going private after a successful $14 billion tender offer from JIP. Unilever is selling some of its non-core beauty brands. UBS terminated 70% of Credit Suisse's HK research staff. VinFast plans to ship EVs to Europe by end of 2023. Paramount Global and Warner Bros. Discovery stocks rose amid reports of a potential end to the Hollywood writers' strike. Arm Holdings and Instacart stocks declined, raising concerns about tech IPOs. The DOJ limited access to key evidence in its antitrust case against Google. Kia launched its cheapest EV in South Korea. KB Home reported a Q3 sales decline of 13.9% YoY but beat estimates. Darden Restaurants reported Q1 sales growth of 11.6% YoY, beating estimates. FactSet Research reported Q4 sales growth of 7.3% YoY, slightly beating estimates.

Portfolio Pulse from Vandana Singh

September 21, 2023 | 2:02 pm

SPY

The USA Leading Index for August has been reported at -0.4%, slightly better than the estimated -0.5%, but worse than the -0.3% reported in the prior month.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 2:01 pm

EXR

Extra Space Storage (NYSE:EXR) has received mixed analyst ratings in the last quarter, with 1 bullish, 3 indifferent, and 1 somewhat bearish. The company's average 12-month price target is $139.6, representing an 11.87% decrease from the previous average of $158.40.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 2:01 pm

VST

In the last quarter, Vistra (NYSE:VST) received somewhat bullish ratings from 4 analysts. The company's average 12-month price target is $37.0, an increase of 8.03% from the previous average price target of $34.25.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 2:00 pm