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CI

Cigna Group's (NYSE:CI) short percent of float has risen 16.85% since its last report, with 3.06 million shares sold short, which is 1.04% of all regular shares available for trading. It would take traders 2.39 days to cover their short positions on average. The company's short interest is less than its peer group average of 7.93%.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 8:45 pm

LMT

Lockheed Martin's (NYSE:LMT) short percent of float has risen 4.23% since its last report, with 1.58 million shares sold short, which is 0.74% of all regular shares available for trading. An increase in short interest can indicate a bearish market sentiment. However, Lockheed Martin's short interest is less than its peer group average of 2.96%.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 8:45 pm

SWBI

Smith & Wesson Brands, Inc (NASDAQ:SWBI) reported better-than-expected Q1 financial results, with revenues of $114.2 million and EPS of 13 cents, beating estimates of $100.93 million and 5 cents respectively. Sales were up 35.4% YoY and the company's shares were up 10.4% in after-hours trading.

Portfolio Pulse from Adam Eckert

September 07, 2023 | 8:43 pm

UVXY

VIXM

VIXY

A trader has bet $30,000 on the VIX index hitting 180 by February 2024, a move that would require a 1,100% surge from its current level of 15. The trader purchased 5,035 VIX options with a strike price of 180 and an expiration date of Feb. 14, 2024. The VIX index has never surpassed the 100 level since its introduction in 1993. Investors can gain exposure to the VIX index through ETFs such as ProShares Trust VIX Short-Term Futures ETF (VIXY), ProShares Trust VIX Mid-Term Futures ETF (VIXM), and ProShares Trust Ultra VIX Short-Term Futures ETF (UVXY).

Portfolio Pulse from Piero Cingari

September 07, 2023 | 8:42 pm

GWRE

Guidewire's shares are trading lower following the company's issuance of soft revenue guidance.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:41 pm

ZUMZ

Zumiez has issued weak Q3 guidance, leading to a decrease in its share prices.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:40 pm

ZUMZ

Zumiez has projected its FY23 net sales to be between $211M and $216M, which is lower than the estimated $217.83M. The company also expects its EPS to be between $(0.25) and $(0.15), compared to the estimated $0.21.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:40 pm

SMAR

Smartsheet reported a Q2 earnings beat and issued strong guidance, leading to a rise in its share price.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:38 pm

DOCU

DocuSign reported a Q2 earnings beat and issued strong guidance, leading to a rise in its share price. The company's board also authorized a $300 million increase to its repurchase program.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:36 pm

KRT

Karat Packaging Inc. has announced a proposed secondary offering of common stock by its selling stockholders. The company itself will not receive any proceeds from this offering.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:31 pm