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MKL

Markel Group's (NYSE:MKL) short interest has decreased by 3.64%, now representing 1.06% of its float with 136 thousand shares sold short. It would take approximately 3.94 days to cover these short positions. This decline in short interest could indicate a more bullish sentiment towards MKL compared to its peers, where the average short interest as a percentage of float is 1.74%.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 8:45 pm

NXT

NEXTracker (NYSE:NXT) has seen a 14.49% decrease in short interest, now at 4.72% of its float, indicating a more bullish market sentiment. With 5.83 million shares sold short and a 1.6-day average to cover, this contrasts with the peer group average of 9.80% short interest. This suggests NEXTracker is performing better in terms of market sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 8:45 pm

AMP

Ameriprise Financial's (NYSE:AMP) short interest has decreased by 9.71% since the last report, with 801 thousand shares sold short, representing 0.93% of its float. This decrease in short interest could indicate a more bullish sentiment towards AMP among traders. Compared to its peers, AMP has a lower short interest percentage of float, with an average of 2.57% among its peers.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 8:45 pm

TGTX

TG Therapeutics' stock is trading higher following the announcement of the issuance of additional patents for BRIUMVI, a key product in their portfolio.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 8:43 pm

NFGC

SPOFF

EarthLabs (OTC:SPOFF), a Canadian mining investment and technology company, is preparing for a potential commodity market boom by adopting a multi-faceted business approach. This includes investments in mining, a media group comprising several platforms for outreach, and a robust royalty portfolio, including a notable royalty on New Found Gold Corp (NYSE:NFGC). CEO Denis Laviolette highlighted EarthLabs' unique strategy, comparing it to General Electric's broad product range and the versatility in mixed martial arts. Laviolette also discussed the challenges and opportunities in the African commodity market, emphasizing the competition from China and India, and the potential for the continent's mining sector. Additionally, he addressed the current state of the metals and minerals space, the difficulty for U.S. retail investors to access Canadian junior miners, and EarthLabs' efforts to simplify access to mining investments.

Portfolio Pulse from Melanie Schaffer

February 27, 2024 | 8:40 pm

AMD

LLY

NVDA

DataTrek's analysis suggests that mega-cap stocks like Nvidia (NVDA), Eli Lilly (LLY), and AMD (AMD) may withstand the current higher rate environment despite their high P/E ratios. Historical context shows that while the Fed's aggressive rate cycle in 2022 and 2023 has raised concerns, it has not impacted equity valuations as significantly as the volatility seen in the 1970s. The firm notes that the current debate over the Fed funds rate is less severe compared to past decades, and even if rates were to increase significantly, it might not affect equity valuations as much as expected.

Portfolio Pulse from Neil Dennis

February 27, 2024 | 8:35 pm

TILE

Interface shares surged following the announcement of their Q4 results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 8:33 pm

DASH

DoorDash shares are trading higher following the announcement of a partnership with Pet Supplies Plus for on-demand delivery services. This partnership is expected to enhance DoorDash's offerings and potentially increase its market share in the on-demand delivery sector.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 8:30 pm

VRTX

Vertex Pharmaceuticals (NASDAQ:VRTX) has significantly outperformed the market with an average annual return of 20.02% over the past 15 years, turning a $100 investment into $1,547.56 today. The company's market capitalization stands at $112.02 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 8:30 pm

HE

Hawaiian Electric Industries (NYSE:HE) has seen an 11.91% increase in short interest since its last report, with 16.54 million shares sold short, representing 17.01% of its float. This places it significantly above its peer group average of 3.52% for short interest as a percentage of float. The rise in short interest suggests a bearish market sentiment towards HE, although it's noted that an increase in short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 8:30 pm