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JPM

JPMorgan Chase's (NYSE:JPM) short interest has increased by 9.68% since the last report, with 19.56 million shares sold short, representing 0.68% of its float. It would take approximately 2.54 days to cover these short positions. The increase in short interest can indicate a bearish market sentiment towards JPM, although it's lower than its peer group average of 0.79% short interest as a percentage of float.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:30 pm

MRUS

Merus (NASDAQ:MRUS) reported Q4 adjusted EPS of $(1.09), missing the $(0.74) estimate, and sales of $8.94M, missing the $10.13M estimate. This represents a 39.78% increase in losses per share and a 16.19% decrease in sales from the same period last year.

Portfolio Pulse from Happy Mohamed

February 29, 2024 | 8:26 pm

HOOD

Recent options trading activity indicates a bullish stance on Robinhood Markets (NASDAQ:HOOD) by significant investors, with a split sentiment of 50% bullish and 49% bearish. A total of 53 uncommon options trades were spotted, with a price target range of $10.0 to $30.0 over the next three months. The volume and open interest of calls and puts within this range have been analyzed, showing notable trades. Robinhood Markets, known for its financial services platform, has seen its stock price slightly increase to $16.13. Market experts have issued mixed ratings, with a consensus target price of $15.1.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:16 pm

XEL

Xcel Energy's stock is trading lower following the company's disclosure of potential liability for the Smokehouse Creek Fire.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 8:13 pm

XRAY

Dentsply Sirona (NASDAQ:XRAY) received mixed analyst ratings with an upward trend in price targets, indicating a positive outlook. The average 12-month price target is $40.25, reflecting a 21.97% increase from the previous $33.00. Analysts from Needham and Leerink Partners maintain or announce optimistic ratings, while Piper Sandler holds a neutral stance. Despite financial challenges like negative revenue growth and below-average net margin, the company's market capitalization and debt management are strong. Dentsply Sirona's diverse product portfolio in dental equipment and supplies positions it as a significant player in the healthcare sector.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:01 pm

HTHT

H World Group's (NYSE:HTHT) short interest has decreased by 9.77% since the last report, with 7.27 million shares sold short, representing 2.4% of its float. The current short interest suggests a bullish sentiment among investors, as it is lower than the peer group average of 5.66%. The decrease in short interest indicates fewer traders are betting against the stock, which could potentially signal a positive outlook for HTHT in the short term.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:00 pm

NVO

Over the past 10 years, Novo Nordisk (NYSE:NVO) has produced an average annual return of 17.5%, outperforming the market by 7.05% on an annualized basis. A $100 investment in NVO a decade ago would now be worth $499.10. Novo Nordisk currently has a market capitalization of $536.06 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:00 pm

BAC

Bank of America (NYSE:BAC) has significantly outperformed the market over the past 15 years, with an average annual return of 17.3%, turning a $100 investment into $1,084.38 today. The company's market capitalization stands at $270.54 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:00 pm

VMC

Vulcan Materials (NYSE:VMC) has seen an 11.69% increase in its short percent of float since the last report, with 2.03 million shares sold short, representing 1.72% of available shares. This indicates a bearish market sentiment, although it doesn't necessarily predict a near-term price drop. Vulcan Materials has a higher short interest than its peer group average of 1.32%.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:00 pm

WFRD

Weatherford International (NYSE:WFRD) has seen a decrease in short interest, now at 5.25% of its float, lower than its peer group average of 7.67%. This reduction from 2.92 million shares suggests a more bullish sentiment among investors. Short interest is a key indicator of market sentiment, and a decrease often signals increased investor confidence.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:00 pm