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ECL

Ecolab's (NYSE:ECL) short percent of float has risen 21.92% since its last report, with 2.20 million shares sold short, which is 0.89% of all regular shares available for trading. It would take traders 2.1 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Ecolab's peer group average for short interest as a percentage of float is 3.77%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 5:15 pm

CTSH

Cognizant Tech Solns's (NYSE:CTSH) short percent of float has fallen 6.82% since its last report, indicating a more bullish market sentiment towards the company. The company has 7.37 million shares sold short, which is 1.64% of all regular shares available for trading. Compared to its peers, Cognizant has less short interest as a percentage of float, with the average being 4.53%.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 5:15 pm

SMCI

TXN

Shares of Super Micro Computer Inc (SMCI) are trading lower by 3.06% due to a negative sentiment in the semiconductor and chip stocks sector, following Texas Instruments Inc's lower than expected third-quarter EPS guidance. SMCI shares are also affected by overall market volatility ahead of the Fed decision. Texas Instruments reported a 23.67% decrease in quarterly earnings per share but exceeded expectations with quarterly sales of $4.53 billion.

Portfolio Pulse from Henry Khederian

July 26, 2023 | 5:15 pm

LHX

L3Harris Technologies (NYSE:LHX) has seen a 4.6% rise in its short percent of float since its last report, with 1.73 million shares sold short. This represents 0.91% of all regular shares available for trading. The increase in short interest could indicate a bearish market sentiment towards L3Harris. However, compared to its peers, L3Harris has less short interest, with an average of 3.38% for its peer group.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 5:15 pm

APH

Amphenol Corporation (NYSE:APH) reported a 2.6% YoY decline in Q2 FY23 sales to $3.054 billion, beating the consensus of $2.95 billion. The decline was due to reductions in the IT datacom, mobile networks, and mobile devices markets. Non-GAAP EPS of $0.72 topped the consensus of $0.68. The company exited the quarter with $1.5 billion in cash and equivalents. For Q3, the company expects sales of $3.04 billion - $3.10 billion and adjusted EPS of $0.72 - $0.74.

Portfolio Pulse from Nabaparna Bhattacharya

July 26, 2023 | 5:14 pm

AMD

TXN

Shares of Advanced Micro Devices, Inc. (AMD) are trading lower by 2.52% due to lower guidance from Texas Instruments Inc (TXN) and overall market volatility. Texas Instruments reported a 23.67% decrease in quarterly earnings but exceeded sales expectations. AMD's 52-week high is $132.83 and low is $54.57.

Portfolio Pulse from Henry Khederian

July 26, 2023 | 5:13 pm

NIO

XPEV

NIO Inc's shares are trading higher by 9.03% despite no company-specific news. The rise is attributed to China's broad measures to optimize its business environment and the strength of peer Chinese EV maker XPeng Inc after its technical collaboration agreement with Volkswagen. The overall market volatility ahead of the Federal Reserve's decision on rate hikes also contributes to the rise.

Portfolio Pulse from Henry Khederian

July 26, 2023 | 5:08 pm

PDD

PDD Holdings has an option alert for Sep 15 $90 calls sweep near the ask with 635 @ $5.75 versus 3331 open interest. The company's earnings are expected on 8/28 before the market opens. The reference price is $85.33.

Portfolio Pulse from Charles Gross

July 26, 2023 | 5:06 pm

XELA

Exela Technologies, Inc. (NASDAQ:XELA) has obtained the highest-level certification from Germany's IT Security authority, Bundesamt für Sicherheit in der Informationstechnik (BSI). This certification demonstrates adherence to German regulations and stringent data protection laws. The news has attracted the attention of retail investors, making XELA one of the top trending tickers on StockTwits. XELA shares are trading 5.98% higher at $5.85.

Portfolio Pulse from Erica Kollmann

July 26, 2023 | 5:03 pm

OVV

Ovintiv (NYSE:OVV) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an EPS of $0.84. The company's past performance shows a trend of missing EPS estimates and subsequent share price drops. Shares are currently trading at $42.57, down 12.11% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 5:03 pm