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SHLS

Shoals Technologies Group saw significant options activity with a sweep of 547 June 21 $10 calls at $0.7, compared to an open interest of 165. This activity occurred as the stock traded near $9.005, ahead of their earnings report on May 7.

Portfolio Pulse from Charles Gross

May 03, 2024 | 3:15 pm

MCD

McDonald's (NYSE:MCD) has seen a decrease in short interest, with the current short percent of float at 1.12%, down 7.44% from the last report. The company has 8.08 million shares sold short, requiring 2.59 days on average to cover. This decline in short interest could indicate a more bullish sentiment towards MCD compared to its peers, where the average short interest as a percentage of float is 9.55%.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 3:15 pm

WELL

Welltower's (NYSE:WELL) short interest has increased by 5.92% since the last report, with 7.09 million shares sold short, representing 1.79% of its float. It would take approximately 2.82 days to cover these short positions based on current trading volume. This rise in short interest indicates a more bearish market sentiment towards Welltower, although it has less short interest compared to its peer group average of 6.81%. The increase in short interest can be seen as a potential bullish signal for the stock.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 3:15 pm

KULR

KULR Tech Gr's (NYSE:KULR) short interest has significantly increased by 259.44% since the last report, with 12.20 million shares sold short, representing 12.94% of its available trading shares. This high level of short interest, compared to its peer group average of 6.97%, indicates a more bearish market sentiment towards KULR. However, an increase in short interest does not necessarily predict a decline in stock price in the near term.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 3:15 pm

WSM

JP Morgan analyst Christopher Horvers upgrades Williams-Sonoma (NYSE:WSM) from Underweight to Neutral and raises the price target from $245 to $275.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 3:13 pm

BENF

Shares of Beneficient (BENF) were halted on a circuit breaker due to a significant upside movement, with the stock now up 194.3%.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 3:10 pm

BENF

Beneficient shares are trading higher after the company announced it regained compliance with the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 3:10 pm

AMLP

AMZA

PAA

Plains All American Pipeline, L.P. (NASDAQ:PAA) reported Q3 earnings with revenue of $11.995 billion, missing expectations but with flat Y/Y adjusted EBITDA at $718 million. The Crude Oil Segment saw a 7% increase in adjusted EBITDA, while the NGL Segment experienced a 17% decrease. Adjusted earnings per unit were $0.41, beating consensus. The company announced a 19% increase in annualized common distribution to $1.27 per unit and expects flat adjusted EBITDA in 2026 for the Crude Oil segment. PAA shares rose 1.68% to $17.52. Exposure to PAA can also be gained through InfraCap MLP ETF (NYSE:AMZA) and Alerian MLP ETF (NYSE:AMLP).

Portfolio Pulse from Lekha Gupta

May 03, 2024 | 3:07 pm

BCHUSD

Bitcoin Cash (BCH) experienced a 5.81% increase in price over the last 24 hours, reaching $449.14, despite a 6.0% decrease over the past week from $479.73. The coin's all-time high is $3,785.82. Trading volume rose by 13.0% over the week, and the circulating supply increased by 0.12% to over 19.70 million, representing 93.81% of the max supply. Bitcoin Cash's market cap ranks #17 at $8.86 billion.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 3:03 pm

NEARUSD

NEAR Protocol (CRYPTO: NEAR) has seen a price increase of 8.22% in the last 24 hours to $6.65, despite a weekly loss of 6.0%. The coin's all-time high is $20.44. Trading volume has decreased by 54.0% over the past week, with the circulating supply also down by 1.23% to 1.07 billion. NEAR's market cap ranks #19 at $7.10 billion.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 3:02 pm