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FMX

Fomento Economico's (NYSE:FMX) short percent of float has fallen 9.38% since its last report, with 616 thousand shares sold short, which is 0.29% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Fomento Economico has less short interest as a percentage of float, with an average of 6.89%.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 5:45 pm

SRE

Sempra's (NYSE:SRE) short percent of float has fallen 11.83% since its last report, with 5.19 million shares sold short, which is 0.82% of all regular shares available for trading. It would take traders 2.35 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 2.27%.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 5:45 pm

AVAV

Raymond James analyst Brian Gesuale has downgraded AeroVironment Inc (NASDAQ:AVAV) to Outperform from Strong Buy with a lowered price target of $125.00. The analyst cites ongoing Congressional dysfunction and waning support for Ukraine funding as potential negative impacts on the company. Despite this, the analyst expects FY24 consensus estimates to rise and predicts a broader munition inventory restocking cycle, strong product cycle, and global customer expansion to boost FY25 & FY26 estimates.

Portfolio Pulse from Lekha Gupta

October 09, 2023 | 5:44 pm

ABL

ACGLN

ACIC

CCG

CRD

HIPO

IGIC

PRI

SLQT

SPNT

WDH

Insurance stocks showed mixed performance in Monday's intraday session. Gainers included Cheche Group (CCG), F&G Annuities & Life (FG), Crawford (CRD), Primerica (PRI), Arch Capital Group (ACGLN), and American Coastal (ACIC). Losers included Hippo Holdings (HIPO), Waterdrop (WDH), Abacus Life (ABL), SelectQuote (SLQT), SiriusPoint (SPNT), and Intl General Insurance (IGIC).

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 5:40 pm

EIS

SPY

USO

VGK

Ukraine's President Zelenskiy has stated that it is in Russia's interests to inflame war in the Middle East to create new sources of suffering and weaken world unity. This could potentially impact global markets and ETFs with exposure to the region.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 5:39 pm

SPY

Federal Reserve's Jefferson has indicated that he is considering the lagged effects of past rates when deciding if further policy tightening is necessary. He also noted that a rise in long-term yields in the past may have indicated investors' perception of stronger momentum and a need for a higher, longer Fed rate path.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 5:36 pm

BYDDF

NIO

TSLA

NIO Inc's shares are trading lower due to strong sales numbers from China-based EV competitors. The China Passenger Car Association data shows that BYD Co, backed by Warren Buffett, is the biggest player in China, delivering 286,903 vehicles in September, up 40% YoY. Nio delivered 15,641 vehicles in September, with Q3 deliveries totaling 55,432. Nio lost about $35,000 per vehicle last quarter as it continues to invest in R&D. Nio shares are down about 16% since the start of the year.

Portfolio Pulse from Adam Eckert

October 09, 2023 | 5:35 pm

AMGN

ARDX

CRNX

DHR

GEHC

HIMS

MRTX

SGEN

UNH

ZTS

The article reports on the recent options activity in the Health Care sector. It mentions 10 US-listed companies: Ardelyx (ARDX), UnitedHealth Group (UNH), GE Healthcare (GEHC), Zoetis (ZTS), Danaher Corporation (DHR), Crinetics Pharmaceuticals (CRNX), Amgen (AMGN), Seagen (SGEN), Hims & Hers Health (HIMS), and Mirati Therapeutics (MRTX). The article provides details on the type of options (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each company.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 5:35 pm

ANF

CROX

LULU

PENN

RGR

RIVN

TSLA

VFS

The article reports on the options activity of 10 consumer discretionary stocks, including Tesla (TSLA), VFS, Ford (F), Rivian (RIVN), Penn National Gaming (PENN), Lululemon Athletica (LULU), Sturm, Ruger & Company (RGR), Crocs (CROX), Abercrombie & Fitch (ANF), and Home Depot (HD). The options activity is tracked by Benzinga's options activity scanner, which monitors the transactions of entities with large sums of money, known as 'whales'. The article provides detailed information on the type of options activity (call or put), the sentiment (bullish, bearish, or neutral), the expiration date, the strike price, the total trade price, the open interest, and the volume for each stock.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 5:35 pm

AAPL

ARM

CRWD

CSCO

INFY

MSFT

NVDA

ORCL

SNOW

Benzinga's options activity scanner has identified unusual trading activity in 10 Information Technology stocks. The stocks include NVDA, AAPL, SNOW, CRWD, ARM, MSFT, CSCO, ZM, ORCL, and INFY. The scanner tracks large transactions, often made by entities with significant funds, which could indicate potential trading opportunities. The activity includes both bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 5:35 pm