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Stock Prices

HES

Hess's (NYSE:HES) short percent of float has risen 30.52% since its last report, with 4.05 million shares sold short, which is 2.01% of all regular shares available for trading. It would take traders 2.16 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Hess's peer group average for short interest as a percentage of float is 6.76%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 2:45 pm

RELX

RELX's short percent of float has fallen 28.57% since its last report, indicating a more bullish sentiment towards the stock. The company has 1.03 million shares sold short, which is 0.05% of all regular shares available for trading. Compared to its peers, RELX has less short interest, with an average of 2.97% for its peer group.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 2:45 pm

LRCX

Lam Research's (NYSE:LRCX) short percent of float has fallen 5.69% since its last report, with 2.63 million shares sold short, which is 1.99% of all regular shares available for trading. It would take traders 2.39 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 5.69%.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 2:45 pm

GBLI

Global Indemnity Group (NYSE:GBLI) has announced a quarterly dividend of 25 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 25 cents lower. Shareholders who own GBLI as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on October 16, 2023.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 2:45 pm

AAP

DBGI

JACK

KFS

PENN

Benzinga Insights has identified five value stocks in the consumer cyclical sector that may be worth watching: Jack In The Box (JACK), PENN Entertainment (PENN), Digital Brands Group (DBGI), Kingsway Financial Servs (KFS), and Advance Auto Parts (AAP). The selection is based on the price-to-earnings (P/E) multiple, a common indicator of undervalued stocks. The companies' recent earnings per share and dividend yields were also reported.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 2:43 pm

AMKR

ARW

CCSI

CLRO

OCC

The article discusses value stocks in the technology sector, highlighting five companies: Arrow Electronics, Consensus Cloud Solutions, Amkor Tech, ClearOne, and Optical Cable. These companies are considered undervalued based on their low P/E multiples. The article also provides updates on each company's earnings per share and dividend yield.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 2:41 pm

VRNOF

Verano Holdings Corp. (CSE:VRNO) has received conditional approval from Cboe Canada to list its Class A subordinate voting shares. The company plans to delist the shares from the Canadian Securities Exchange and does not require any corporate restructuring for the transition. The shares will continue trading under the same symbol “VRNO” in Canada and “VRNOF” in the U.S. The move is expected to provide improved access to liquidity for investors and position the company well for a U.S. listing in the future.

Portfolio Pulse from Nina Zdinjak

October 03, 2023 | 2:39 pm

RIVN

TSLA

VFS

Shares of VinFast Auto Ltd. (NASDAQ:VFS) are trading lower as EV stocks are down following Tesla (NASDAQ:TSLA) and Rivian (NASDAQ:RIVN) announcing their Q3 production and delivery figures. Tesla's production and deliveries were down from Q2, while Rivian's were in line with expectations. VFS shares have fallen nearly 70% over the last month.

Portfolio Pulse from Erica Kollmann

October 03, 2023 | 2:38 pm

SMLP

Summit Midstream Partners LP (SMLP) shares rose by 14% after the company announced that it is exploring strategic alternatives to maximize unitholder value, including asset sale. The company also reported expected Q3 adjusted EBITDA of $70 million, up 20% Q/Q, and reaffirmed Q4 guidance at $75 million-$85 million. SMLP also reported significant Q3 volume growth in almost every segment.

Portfolio Pulse from Lekha Gupta

October 03, 2023 | 2:38 pm

CNXA

Trading of Connexa Sports Technologies shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 2:38 pm