Streetbeat News

Stock Prices

INTC

Intel's (NYSE:INTC) short interest has increased by 4.91% since the last report, with 72.37 million shares sold short, representing 1.71% of its float. This indicates a bearish market sentiment, although it's below the peer group average of 4.47% short interest. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

March 29, 2024 | 3:30 pm

B

Barnes Gr's (NYSE:B) short interest has decreased by 6.56%, with 1.02 million shares sold short, representing 2.85% of its float. It would take about 3.42 days to cover these short positions. This decline in short interest could indicate a more bullish sentiment towards the stock, although it doesn't guarantee a price increase. Compared to its peers, Barnes Gr has a lower short interest percentage, suggesting it may be performing better than similar companies.

Portfolio Pulse from Benzinga Insights

March 29, 2024 | 3:15 pm

INVH

Invitation Homes (NYSE:INVH) has seen a decrease in short interest, with 9.43 million shares sold short, representing 2.18% of its float. This is below the peer group average of 2.84%. The reduction in short interest suggests a more bullish sentiment among investors towards INVH.

Portfolio Pulse from Benzinga Insights

March 29, 2024 | 3:15 pm

TXT

Textron's (NYSE:TXT) short interest has increased to 5.82 million shares, or 3.45% of its float, indicating a rise of 13.86% since the last report. This positions Textron above its peer group average of 3.34% in short interest as a percentage of float. The data suggests a bearish sentiment among investors, though an increase in short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

March 29, 2024 | 3:15 pm

RUNEUSD

THORChain (CRYPTO: RUNE) has seen a 5.5% decrease in price over the last 24 hours, now at $9.01, contrasting with a 12.0% increase over the past week. Trading volume has decreased by 11.0%, and the circulating supply has slightly decreased to 335.71 million, representing 67.14% of its max supply. RUNE's market cap ranking is now #49 at $3.03 billion.

Portfolio Pulse from Benzinga Insights

March 29, 2024 | 3:02 pm

IQV

IQVIA Holdings (NYSE:IQV) has seen a 9.24% increase in its short percent of float since the last report, with 3.20 million shares sold short, representing 2.01% of available shares. It would take about 3.6 days to cover these short positions. The increase in short interest can indicate a bearish market sentiment towards IQV, but it's also noted that having a higher short interest than peers can sometimes be bullish. IQVIA's short interest is below its peer group average of 5.36%.

Portfolio Pulse from Benzinga Insights

March 29, 2024 | 3:00 pm

AMZN

The article compares Amazon.com (AMZN) with its competitors in the Broadline Retail industry, analyzing financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Amazon's valuation is higher than the industry average, indicating a potentially overvalued stock. Despite strong operational performance as shown by high EBITDA and gross profit, Amazon's revenue growth is lower than the industry average, suggesting slower expansion.

Portfolio Pulse from Benzinga Insights

March 29, 2024 | 3:00 pm

GWW

W.W. Grainger (NYSE:GWW) has delivered an average annual return of 19.0% over the past 15 years, outperforming the market by 6.0% annually. A $100 investment in GWW 15 years ago would be worth $1,352.07 today. The company's current market capitalization stands at $49.98 billion.

Portfolio Pulse from Benzinga Insights

March 29, 2024 | 3:00 pm

AAL

American Airlines Gr (NYSE:AAL) has seen a 20.61% increase in short interest since its last report, with 45.56 million shares sold short, representing 7.9% of its available trading shares. This increase in short interest indicates a more bearish market sentiment towards AAL, although it has less short interest compared to its peer group average of 9.30%. The rise in short interest does not necessarily predict a near-term price fall but suggests increased bearishness among traders.

Portfolio Pulse from Benzinga Insights

March 29, 2024 | 3:00 pm