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ITCI

Intra-Cellular Therapies (NYSE:ITCI) has seen a 4.8% increase in short percent of float since its last report, with 3.47 million shares sold short, representing 4.15% of its available trading shares. This indicates a bearish market sentiment, although it's noted that an increase in short interest can sometimes be bullish. The company's short interest is above its peer group average of 3.98%.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:00 pm

SOFI

SoFi Technologies (NYSE:SOFI) has seen a 19.42% decrease in its short percent of float since the last report, with 171.64 million shares sold short, representing 17.14% of its available trading shares. This indicates a potential shift in market sentiment towards a more bullish outlook, as the decrease in short interest suggests fewer traders are betting on the stock's decline. Compared to its peers, SoFi has a higher short interest percentage, indicating more bearish sentiment among investors relative to similar companies.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:00 pm

CADL

Candel Therapeutics (NYSE:CADL) has seen a 7.89% increase in its short percent of float, now at 0.82% of all shares available for trading. With 160 thousand shares sold short, it would take about 4.49 days to cover these positions. This rise in short interest indicates a more bearish market sentiment towards CADL, although it has less short interest compared to its peers, with the average being 8.28%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on a decline.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:00 pm

MCB

Metropolitan Bank Holding shares are trading higher following the announcement of better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 3:52 pm

BAC

Bank of America's stock (BAC) is trading higher following an upgrade from Wolfe Research, moving from Peer Perform to Outperform.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 3:51 pm

SHIBUSD

Shiba Inu (SHIB) sees a 55% spike in whale transactions and a 1.4% increase in price, amid broader crypto market optimism. Lucie, Shiba Inu's marketing lead, expressed confidence in the coin's future on X, highlighting its sustained position and development efforts. The Shibarium network launched a new UI update, enhancing user experience and wallet compatibility. Crypto investor Jake Gagain predicts SHIB could reach a $100 billion market cap by 2025, supported by IntoTheBlock and CoinGlass data indicating strong buying demand and market stability.

Portfolio Pulse from Khyathi Dalal

April 19, 2024 | 3:51 pm

AXP

American Express shares are trading higher after the company reported better-than-expected Q1 earnings and provided strong guidance for future performance.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 3:50 pm

BRNS

Barinthus Biotherapeutics plc (NASDAQ:BRNS), previously known as Vaccitech plc, reported final topline results from the APOLLO trial of VTP-200 for low-grade cervical lesions associated with persistent hrHPV infection. The trial met its primary safety endpoint but showed no significant improvement in hrHPV or cervical lesion clearance rates in the overall pooled results, despite positive trends in higher dose cohorts. The company is evaluating future development options for VTP-200, while attention may shift to VTP-300 for chronic hepatitis B. BRNS shares dropped 5.90% to $2.71.

Portfolio Pulse from Vandana Singh

April 19, 2024 | 3:49 pm

CEG

Constellation Energy (NASDAQ:CEG) has seen unusual options activity indicating a predominantly bearish sentiment among big-money traders, with a significant volume of puts compared to calls. The options suggest targeting a price range of $140 to $220 for CEG over the next three months. Despite this, analysts maintain positive ratings on CEG, with target prices suggesting an upside potential.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 3:46 pm

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) has reported suspected naked short selling of its shares to Nasdaq, citing its appearance on the Reg SHO threshold list, which signals illegal trading activity. The company highlighted that such practices harm retail investors and noted that four market participants, including Citadel Securities and VIRTU Americas, are responsible for a significant volume of DJT's traded shares. Amidst a share price decline since going public, the company advised shareholders on preventing their shares from being loaned for short positions.

Portfolio Pulse from Nabaparna Bhattacharya

April 19, 2024 | 3:44 pm