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FG

F&G Annuities & Life (NYSE:FG) has seen a 20.53% decrease in short interest, now at 499 thousand shares or 2.71% of float, taking 6.14 days on average to cover. This decline in short interest could indicate a more bullish sentiment towards FG compared to its peers, where the average short interest is 2.49% of float.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 3:15 pm

DKNG

DraftKings (NYSE:DKNG) has seen a 16.71% increase in short interest, with 20.37 million shares sold short, representing 4.4% of its float. This indicates a bearish market sentiment, although it has less short interest compared to its peers' average of 4.59%. The rise in short interest does not necessarily predict a price drop but suggests increased bearishness among traders.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 3:15 pm

LII

Lennox Intl (NYSE:LII) has seen a 22.1% increase in short interest since its last report, with 919 thousand shares now sold short, representing 3.26% of its available trading shares. This indicates a bearish market sentiment towards LII, despite the short interest being below the peer group average of 3.58%. The article suggests that an increase in short interest does not necessarily predict a stock price fall and mentions that high short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 3:15 pm

HUM

Humana, a major health insurance company, has officially withdrawn its profit forecast for the year 2025. This unexpected move has raised concerns among investors regarding the company's future profitability and operational challenges it might be facing.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 3:14 pm

DJT

Trump Media CEO Devin Nunes has requested House GOP leaders to investigate potential manipulation of DJT stock, citing concerns over 'anomalous trading' and possible 'naked' short selling. The stock, which trades under the ticker DJT on the Nasdaq, has lost over half its value since its debut. Nunes' letter targets Citadel Securities, accusing them of contributing to the stock's volatility. This request follows a significant drop in DJT's stock price, amidst volatile trading sessions.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 3:11 pm

BTCUSD

Cryptocurrency analyst Lark Davis predicts a significant Bitcoin bull run, citing the Bitcoin Halving, growing institutional demand through ETFs, and the upcoming launch of spot Bitcoin ETFs in Hong Kong, Japan, Singapore, and South Korea. BTC was trading at $66,082.5, with a weekly gain of 6%, and a surge in large transaction volume. Davis emphasizes the reduced supply, increased institutional and retail demand, and the potential for significant price appreciation.

Portfolio Pulse from Khyathi Dalal

April 24, 2024 | 3:10 pm

BKKT

Bakkt Holdings announced a 1-for-25 reverse stock split, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 3:09 pm

BA

SPR

Boeing's CEO commented during a conference call about the FAA's 90-day deadline, indicating that it is not sufficient to significantly improve production from 38 to 40 units. This statement suggests challenges in increasing production rates in the short term.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 3:08 pm

NCI

Shares of Neo-Concept International Group were halted due to a circuit breaker after plummeting 22.5%. The significant drop triggered market mechanisms designed to prevent further immediate losses by pausing trading.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 3:07 pm

AVAXUSD

Avalanche (CRYPTO: AVAX) has seen a 4.22% decrease in price over the last 24 hours, now at $37.45, contrasting with a 13.0% increase over the past week. The trading volume has decreased by 21.0%, while the circulating supply rose by 0.19% to 378.02 million, about 52.5% of its max supply. AVAX's market cap ranking is currently #13 at $14.20 billion.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 3:04 pm