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Stock Prices

LKFN

Lakeland Financial (NYSE:LKFN) has seen a 6.75% increase in short interest, with 10.44% of its float sold short. This is higher than its peers' average of 4.23%. It would take 14.69 days to cover these positions based on current trading volume.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 2:45 pm

BHLB

Berkshire Hills Bancorp (NYSE:BHLB) has seen an 8.67% increase in short interest, with 1.02 million shares sold short, representing 3.26% of its float. This is higher than its peers' average of 2.50%. Short interest can indicate market sentiment, with increased shorting suggesting bearish views.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 2:45 pm

SPT

Sprout Social's stock (NASDAQ:SPT) dropped after KeyBanc Capital Markets downgraded it from Sector Weight to Underweight, citing weaker-than-expected bookings and performance in 2024. Analyst Jackson Ader expressed concerns over the company's current bookings and remaining performance obligations, suggesting a longer turnaround time than anticipated.

Portfolio Pulse from Priya Nigam

August 22, 2024 | 2:43 pm

NCNO

Shares of nCino are gaining attention as the company is positively mentioned in a popular newsletter, potentially influencing trader sentiment.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 2:41 pm

YUM

YUMC

Top executives and a board member of Yum China Holdings Inc. (NYSE:YUMC) purchased over $600,000 worth of company stock following strong quarterly results. The purchases indicate confidence in the company's performance and suggest undervaluation. Yum China has been actively buying back its stock, with significant repurchases in 2023. The company's revenue and profit have outperformed the broader restaurant sector, aided by new store openings and operational efficiencies.

Portfolio Pulse from The Bamboo Works

August 22, 2024 | 2:32 pm

GLDM

IAU

IAUM

Ryan McIntyre from Sprott Inc. predicts a positive outlook for gold prices over the next 18 months, driven by central bank buying, ETF inflows, and geopolitical tensions. Gold ETFs like IAUM, GLDM, and IAU are currently trading lower despite the bullish forecast.

Portfolio Pulse from Benzinga Neuro

August 22, 2024 | 2:31 pm

PANW

Palo Alto Networks (NASDAQ:PANW) has significantly outperformed the market over the past decade, with an average annual return of 29.24%. A $100 investment in PANW 10 years ago would now be worth $1,252.09. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 2:31 pm

QCRH

QCR Holdings (NASDAQ:QCRH) has outperformed the market over the past 5 years with an average annual return of 15.74%, resulting in a $100 investment growing to $201.47. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 2:31 pm

SPY

The latest data shows that continuing jobless claims have fallen below estimates, indicating a potentially stronger labor market. Meanwhile, the Federal Reserve Bank of Kansas City has commenced its Economic Policy Symposium in Jackson Hole, Wyoming, which is a significant event for economic policy discussions.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 2:30 pm

MCBS

MetroCity Bankshares (NYSE:MCBS) has seen a 17.31% decrease in its short percent of float, now at 0.86%. This is lower than its peers' average of 2.25%, indicating a more bullish sentiment. It would take traders 1.7 days to cover short positions.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 2:30 pm