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NLY

Annaly Capital Management (NYSE: NLY) has seen a significant decrease in short interest, with a 44.59% drop since the last report. The current short interest stands at 7.52 million shares, or 1.69% of the float, with a short-covering time of 1.9 days. This decline in short interest may indicate a more bullish sentiment among investors, although it does not necessarily predict a near-term price increase. Annaly's short interest is below its peer group average of 5.66%.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 8:15 pm

Sea's (NYSE:SE) short interest has increased by 3.13%, with 23.22 million shares sold short, representing 7.57% of available shares. It would take 3.79 days to cover these short positions. While high short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. Sea has a higher short interest than its peer group average of 3.41%.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 8:15 pm

TSCO

Tractor Supply (NYSE:TSCO) has seen a 5.6% decrease in short interest since its last report, with 12.30 million shares sold short, representing 12.97% of its float. The average time to cover these short positions is 10.31 days. Short interest is a market sentiment indicator, and a decrease suggests investors may be more bullish on TSCO. Compared to its peers, TSCO has a lower short interest percentage of float, with the peer group average at 14.83%.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 8:15 pm

AMZN

GOOG

GOOGL

IRBT

iRobot Corporation's (NASDAQ:IRBT) merger with Amazon.com, Inc. (NASDAQ:AMZN) was terminated, causing iRobot shares to fall over 16%, then recover to a 7% daily drop. Amazon will pay a $94 million termination fee. iRobot is restructuring, laying off 350 employees, and CEO Colin Angle resigned. The European Commission's antitrust concerns over competition in the vacuum industry led to the deal's collapse. Short seller Spruce Point Capital had a long-standing bearish position on iRobot. Amazon's stock was up 1%, but the failed deal may affect its future acquisitions and comes amid antitrust scrutiny.

Portfolio Pulse from Natan Ponieman

January 29, 2024 | 8:12 pm

MULN

Mullen Automotive's stock is trading higher following the announcement that its all-electric Class 3 low cab forward chassis truck has received certification from the California Air Resources Board, indicating a positive development for the company in the electric vehicle (EV) market.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 8:06 pm

HTGC

Hercules Capital (NYSE:HTGC) has been the subject of diverse analyst opinions over the past three months, with 5 analysts offering ratings ranging from neutral to overweight. The average 12-month price target is $17.8, slightly down from the previous $17.83. Analysts from Wells Fargo and Piper Sandler have raised their price targets, while Piper Sandler also lowered one target. The company faces challenges with a -29.4% revenue decline as of September 30, 2023, but maintains a high net margin of 54.32%. Its ROE and ROA are below industry averages, and it has a high debt-to-equity ratio of 0.99.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 8:00 pm

AMZN

LCID

TSLA

Amazon.com Inc (NASDAQ:AMZN) now owns the distribution rights to the James Bond franchise after acquiring MGM. Lucid Group (NASDAQ:LCID) CEO Peter Rawlinson hinted at a partnership with Aston Martin to supply electric powertrain technology for an electric vehicle that may be featured in the next Bond movie. This could boost Amazon's media efforts and Lucid's brand visibility. Tesla Inc (NASDAQ:TSLA) CEO Elon Musk, who owns a vehicle from a Bond film, has also been mentioned in relation to the Cybertruck's design inspiration.

Portfolio Pulse from Chris Katje

January 29, 2024 | 7:56 pm

CRWD

CrowdStrike Holdings' stock (CRWD) is trading higher following an analyst update from JMP Securities, which maintained a Market Outperform rating and increased the price target from $235 to $330.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 7:55 pm

FSR

GOEV

LCID

RIVN

TSLA

VLCN

Shares of electric vehicle (EV) stocks are experiencing an uptick following a report by CleanTechnica that indicated a 29% increase in Q4 sales of pure electric vehicles.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 7:54 pm

Zoom Video Comms Inc. (NASDAQ:ZM) has seen a slight drop in its stock price in the current session and has experienced declines over the past month and year. Investors are examining the company's P/E ratio, which is lower than the Software industry average, suggesting that the stock might be undervalued or that shareholders have low growth expectations.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 7:30 pm