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ME

23andMe Holding (NYSE:ME) has seen a 13.54% increase in short interest since its last report, with 31.01 million shares sold short, representing 10.23% of its float. The current short interest suggests a bearish market sentiment, but it's also higher than the peer group average of 6.94%, indicating more bearish sentiment towards ME compared to its peers. The article suggests that while increased short interest can be a bearish signal, it can also present bullish opportunities under certain conditions.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:30 pm

TTEK

Tetra Tech (NYSE:TTEK) has seen a decrease in short interest, with the short percent of float falling 9.05% since the last report, now at 2.01% of all shares available for trading. This indicates a potential shift in market sentiment towards the stock, as a decrease in short interest can signal increased bullishness among investors. Tetra Tech's short interest is also lower than its peer group average of 2.94%, suggesting it may be performing better than its peers in this aspect.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:30 pm

FXI

China's top insurers have raised concerns about the debt risks associated with China Vanke Co., a major property developer, as its shares and bonds reach record lows due to repayment worries. Insurers have advised annuity managers to closely monitor Vanke's credit risks, and Vanke is in discussions with some insurers to extend its private debt.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 3:29 pm

PHUN

Trading of Phunware shares has resumed, indicating a return to normal market operations for the company.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 3:28 pm

VST

Vistra's stock (VST) is trading higher following BMO Capital's decision to maintain an Outperform rating and increase the price target from $52 to $60.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 3:27 pm

FUFU

BitFuFu Inc (NASDAQ:FUFU) shares soared following its business combination with Arisz Acquisition Corp and Nasdaq listing. The merger included $74 million in financing from shareholders like Bitmain and AntPool. BitFuFu reported significant revenue growth, from $100,000 in 2020 to $134.2 million in H1 2023, and manages 131,000 miners. The rise in Bitcoin prices also likely contributed to the stock's surge. BitFuFu's trading volume exceeded 3.9 million, significantly higher than its average.

Portfolio Pulse from Adam Eckert

March 04, 2024 | 3:26 pm

AMD

AMD shares are trading higher following an upgrade by Barclays, which increased its price target for the stock from $200 to $235.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 3:26 pm

AMST

Amesite Inc (NASDAQ:AMST) has announced a partnership with Partners for Advancing Clinical Education (PACE) to deliver accredited continuing education for healthcare professionals using its AI-powered platform. This collaboration allows Amesite to jointly develop and deliver accredited continuing education programs in healthcare, leveraging accreditations from ACCME, ACPE, and ANCC. Following the announcement, AMST shares increased by 2.71% to $2.10.

Portfolio Pulse from Shivani Kumaresan

March 04, 2024 | 3:26 pm

URI

United Rentals announced its definitive agreement to acquire Yak Access for $1.1 billion, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 3:24 pm

PHUN

Phunware shares experienced a significant surge, leading to a trading halt due to a circuit breaker trigger. The stock is currently up by 125.4%.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 3:23 pm