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ESS

Essex Property Trust (NYSE:ESS) has seen an increase in short interest, now at 3.38% of its float, higher than the peer group average of 3.28%. This indicates a bearish market sentiment towards ESS, with 1.52 million shares sold short and a 5.08-day average to cover these positions. While an increase in short interest can suggest bearish sentiment, it can also present bullish opportunities under certain conditions.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 4:30 pm

TWLO

Twilio's (NYSE:TWLO) short interest has increased by 5.73% since the last report, with 2.49 million shares sold short, representing 1.66% of its float. This indicates a bearish market sentiment, although it's lower than its peer group average of 6.99%. The rise in short interest doesn't necessarily predict a price drop but suggests increased bearishness among traders.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 4:30 pm

EXP

Eagle Materials (NYSE:EXP) has seen a decrease in short interest, now at 2.9% of float, down 18.08% since the last report. With 870 thousand shares sold short, it would take about 3.25 days to cover all short positions. This decline in short interest could indicate a more bullish sentiment towards EXP among investors. Compared to its peers, EXP has a higher short interest percentage, with the average being 2.21%.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 4:30 pm

FOLD

Amicus Therapeutics shares are trading lower after the company reported mixed results for its Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 4:30 pm

NVMI

Nova shares surged following the announcement of Q1 earnings surpassing expectations and the company's revenue guidance exceeding forecasts.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 4:29 pm

CENT

Central Garden & Pet's stock (CENT) is trading higher after the company reported earnings for the second quarter that exceeded analysts' expectations.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 4:28 pm

PRMW

Prime Water (PRMW) shares surged following the announcement of Q1 earnings surpassing expectations and an upward revision of its FY24 revenue forecast.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 4:27 pm

WBD

On CNBC, Josh Brown announced his purchase of Warner Bros. Discovery stock, indicating a positive outlook on the company.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 4:26 pm

TK

Teekay Tankers (TK) shares surged following the announcement of Q1 earnings that exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 4:25 pm

PLNT

Planet Fitness shares are trading higher, reversing after initially falling on Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 4:25 pm