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BSX

Boston Scientific's (NYSE:BSX) short percent of float has risen 40.0% since its last report, with 12.22 million shares sold short, which is 0.84% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Boston Scientific has less short interest as a percentage of float, which is 3.36% on average.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 8:45 pm

FANG

Diamondback Energy's (NYSE:FANG) short percent of float has fallen 4.89% since its last report, with 7.93 million shares sold short, which is 5.06% of all regular shares available for trading. It would take traders 4.86 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 6.31%.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 8:45 pm

HCA

HCA Healthcare's short percent of float has risen 6.19% since its last report, with 2.42 million shares sold short, which is 1.2% of all regular shares available for trading. It would take traders 2.53 days to cover their short positions on average. The company's short interest is less than most of its peers, with an average of 5.44%.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 8:45 pm

AAWH

GTBIF

MRMD

VRNOF

The potential rescheduling of cannabis to Schedule 3 could eliminate 280e taxes, which have been negatively impacting cannabis companies by reducing their internally funded growth and limiting their debt capacity. The elimination of 280e could save these companies around $700M annually. The article mentions Ascend Wellness (OTC:AAWH), MariMed (OTC:MRMD), Green Thumb (OTC:GTBIF), and Verano (OTC:VRNOF) as companies that could benefit from this change.

Portfolio Pulse from Viridian Capital Advisors

September 18, 2023 | 8:36 pm

NIO

NIO Inc. has announced a proposed offering of $1 billion convertible senior notes, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:31 pm

SPCB

SuperCom has received a letter from Nasdaq regarding its failure to meet the minimum bid requirements. The company's shares have been trading below $1.00 for a period of 30 consecutive business days, which is a violation of Nasdaq's rules.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:31 pm

SFIX

Stitch Fix, Inc. (NASDAQ:SFIX) reported Q4 losses of 24 cents per share, missing the analyst consensus estimate of losses of 21 cents. However, the company's quarterly sales of $375.80 million beat the analyst consensus estimate of $371.36 million. The company also reported a decrease of 13% year-over-year in active clients for the full-year 2023. The company issued first-quarter U.S. net revenue guidance in a range between $355 million and $365 million, and U.S. full-year 2024 net revenue is anticipated to be between $1.3 billion and $1.37 billion.

Portfolio Pulse from Ryan Gustafson

September 18, 2023 | 8:31 pm

HSTO

Histogen Inc.'s shares are set to resume trading at 4:35 p.m. ET.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:31 pm

FATH

Fathom Digital Manufacturing has announced a 1-for-20 reverse stock split, which will be effective after the close on September 28.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:31 pm

BA

A significant bearish stance has been taken on Boeing (NYSE:BA) as indicated by unusual options activity. The sentiment among big-money traders is split between 48% bullish and 51% bearish. Whales have been targeting a price range from $165.0 to $240.0 for Boeing over the last 3 months. The price of BA is currently down -1.44% at $205.12. Susquehanna has downgraded its action to Positive with a price target of $270, while TD Cowen and Citigroup maintain their Outperform and Buy ratings respectively, with price targets of $260 and $285.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 8:30 pm