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TGS

Transportadora De Gas Del Sur (TGS) shares are experiencing an uptick due to overall strength in the energy sector. The company has also announced a new agreement with ENARGAS for a temporary adjustment in natural gas transportation tariffs, which includes a monthly adjustment formula starting in May.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 7:56 pm

OCGN

Ocugen, Inc. (NASDAQ:OCGN) shares rose after announcing approval to proceed with medium dose dosing in the Phase 1/2 study of OCU410. The Data and Safety Monitoring Board for the ArMaDa clinical trial approved this next step, highlighting the therapy's safety and potential as a one-time treatment for life. Ocugen also updated on progress in its gene therapy programs for blindness diseases. The company's stock is up 20%, trading at $1.81.

Portfolio Pulse from Erica Kollmann

April 05, 2024 | 7:56 pm

BIRK

Birkenstock Holding shares are trading higher amid an overall market rebound, indicating a positive short-term outlook for the company.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 7:52 pm

RARE

Ultragenyx Pharmaceutical's stock (RARE) is trading higher following Cantor Fitzgerald's reiteration of its Overweight rating and a maintained price target of $107.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 7:51 pm

STAA

STAAR Surgical's shares have seen an increase following the company's announcement of strong preliminary net sales guidance for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 7:50 pm

DKNG

DraftKings shares are trading higher, potentially due to the ongoing NCAA Tournament and overall market strength.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 7:47 pm

MMM

SOLV

Solventum shares have experienced an increase in trading activity and price following its recent spinoff from 3M.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 7:47 pm

TOL

Toll Brothers (NYSE:TOL) has seen an 11.37% increase in short interest since its last report, with 3.90 million shares sold short, representing 4.8% of its float. It would take about 2.27 days to cover these short positions based on current trading volume. This rise in short interest could indicate a more bearish market sentiment towards TOL, although it has less short interest compared to its peer group average of 6.32%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are shorting more shares.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 7:45 pm

COF

Capital One Financial (NYSE:COF) has seen a 12.77% increase in its short percent of float since the last report, with 11.94 million shares sold short, representing 3.18% of available shares. This indicates a bearish sentiment among investors, although it's below the peer group average of 8.29%. The rise in short interest doesn't necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 7:45 pm

TOP

TOP Finl Gr (NYSE:TOP) has seen an 11.56% increase in short interest, now at 8.78% of its float, indicating a bearish market sentiment. Despite this, higher short interest compared to its peers (6.61%) could be bullish, as it suggests potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 7:45 pm