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ROST

Ross Stores (NYSE:ROST) has seen a 12.2% increase in short interest since its last report, with 3.89 million shares sold short, representing 1.38% of its float. The current short interest suggests a bearish market sentiment, although it's lower than the peer group average of 16.77%. The article highlights the importance of tracking short interest as an indicator of market sentiment.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 1:00 pm

YUMC

Yum China Holdings (NYSE:YUMC) has seen a decrease in short interest, with the short percent of float falling 5.26% since the last report, now at 1.98% of all shares available for trading. This decline in short interest could indicate a more bullish sentiment towards YUMC among traders. Compared to its peers, YUMC has a significantly lower short interest percentage, with the peer group average at 9.86%.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 1:00 pm

BIG

Big Lots (NYSE:BIG) has seen a 7.57% increase in its short percent of float since the last report, reaching 43.32% of all shares available for trading. With 6.90 million shares sold short, it would take approximately 2.68 days to cover these positions. This rise in short interest indicates a more bearish market sentiment towards Big Lots, although it doesn't necessarily predict a near-term price drop. Compared to its peers, Big Lots has a higher short interest percentage, suggesting more bearish sentiment among investors towards the company.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 1:00 pm

FRTX

RVP

VGZ

Insiders at Vista Gold, Retractable Technologies, and Fresh Tracks Therapeutics have recently made notable purchases of their companies' stocks. Vista Gold's CFO bought shares at $0.48 each, while Retractable Technologies' CEO acquired shares at $1.19 each. Fresh Tracks Therapeutics saw a purchase by a 10% owner at $0.91 per share. These transactions may signal insider confidence despite Vista Gold and Retractable Technologies reporting losses and Fresh Tracks Therapeutics discontinuing operations.

Portfolio Pulse from Avi Kapoor

March 22, 2024 | 12:58 pm

MBRX

Trading for MBRX was halted and then resumed at 8:55 AM ET, with updates on quotation resumption times provided.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 12:55 pm

BCAN

Trading for BCAN was halted and then resumed at 8:55 AM ET, with updates on quotation resumption times provided.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 12:55 pm

ATER

Trading for ATER was halted and then resumed at 8:55:00 AM ET, following an update on halt status.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 12:55 pm

CMG

FDS

FDX

LULU

MAC

NKE

NKTX

USB

WOR

Wall Street analysts have updated their price targets and ratings for several US-listed companies, including Chipotle, Lululemon, NIKE, Li Auto, Nkarta, Macerich, U.S. Bancorp, FactSet, Worthington Enterprises, and FedEx. The changes include both upgrades and downgrades, with notable adjustments in price targets.

Portfolio Pulse from Avi Kapoor

March 22, 2024 | 12:54 pm

SMLP

Summit Midstream Partners, LP (SMLP) shares are trading higher following the announcement of the sale of its Utica position for $625 million.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 12:45 pm

AAPL

AMZN

MSFT

Steven Sinofsky, former Windows head, commented on the U.S. Department of Justice's antitrust lawsuit against Apple, calling it 'weird' and contrasting it with the Microsoft antitrust case he witnessed in the 90s. He criticized the DOJ's market share argument and highlighted the differences in market share and business practices between Apple and Microsoft. The lawsuit accuses Apple of maintaining a smartphone monopoly that harms users and developers, with companies like Amazon, Microsoft, and HTC cited as victims of Apple's ecosystem control. Despite the lawsuit, Jim Cramer remains bullish on Apple's stock.

Portfolio Pulse from Rounak Jain

March 22, 2024 | 12:38 pm