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H

Hyatt Hotels (NYSE:H) has seen a 5.59% increase in its short percent of float, now at 9.44%. This indicates a bearish sentiment among investors, as it would take 8.53 days to cover these short positions. Compared to its peers, Hyatt has a higher short interest percentage.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 4:15 pm

WULF

TeraWulf's (NYSE:WULF) short interest has fallen by 6.4%, with 23.53 million shares sold short, representing 9.06% of its float. This decrease in short interest could indicate a shift in market sentiment towards a more bullish outlook.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 4:15 pm

CYBN

Cybin Inc. (AMEX:CYBN) reported a net loss of $57 million for FY 2024, up from $34 million the previous year, amid significant investments in psychedelic therapy development. Despite the losses, the company maintains a strong cash reserve of $152 million, bolstered by a $150 million private placement. Key advancements include FDA Breakthrough Therapy Designation for CYB003 and initiation of Phase 2 trials for CYB004. Shares of CYBN were trading 3.90% lower at $0.2537.

Portfolio Pulse from Patricio Liddle

June 26, 2024 | 4:14 pm

NVDA

NVIDIA has released a presentation highlighting its growth opportunities, market strategies, and technological developments. The company emphasized advancements in AI and HPC infrastructure while cautioning about potential risks and uncertainties.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 4:11 pm

PGR

19 financial analysts have provided a range of ratings for Progressive (NYSE:PGR) over the past three months, with a majority being somewhat bullish. The average 12-month price target has increased to $241.21. Analysts have made various adjustments to their ratings and price targets, reflecting their perceptions of Progressive's market standing. Progressive has shown strong revenue growth and return on equity but faces challenges with net margin and debt management.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 4:00 pm

URI

In the past three months, five analysts have shared their evaluations of United Rentals (NYSE:URI), with a majority being bullish. The average 12-month price target has increased by 3.84% to $772.2. Analysts from Citigroup, JP Morgan, Truist Securities, Stifel, and Goldman Sachs have all provided positive ratings and raised their price targets.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 4:00 pm

PCAR

PACCAR's short interest has risen by 12.81%, with 10.36 million shares sold short, representing 2.29% of its float. This increase in short interest could indicate bearish sentiment, although PACCAR's short interest is still lower than its peers' average of 5.46%.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 4:00 pm

MTB

M&T Bank's short interest has risen by 4.26%, with 2.87 million shares sold short, representing 1.96% of its float. This is lower than the peer group average of 3.56%. Increased short interest can indicate bearish sentiment but can also be bullish if the stock price rises.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 4:00 pm

HMC

Honda Motor Co Ltd (NYSE:HMC) has introduced the Honda CR-V e:FCEV, a hybrid vehicle that runs on both hydrogen and electricity. The vehicle offers 29 miles of electric range and 241 miles of hydrogen range. Leasing options range from $389 to $489 per month, with a hydrogen fuel credit included. However, practicality concerns arise due to limited hydrogen fueling stations and the availability of cheaper electric vehicles like the Tesla Model 3.

Portfolio Pulse from Hayden Buckfire

June 26, 2024 | 4:00 pm

AAPL

Rosenblatt Senior Research Analyst Barton Crockett discussed Apple on CNBC, leading to increased trading volume in Apple shares.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 3:58 pm