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HUBB

Hubbell (NYSE:HUBB) has seen a 42.86% increase in short interest, with 680,000 shares sold short, representing 1.6% of its float. This indicates a bearish market sentiment, although it's below the peer group average of 10.06% short interest. The rise in short interest doesn't necessarily predict a price drop but suggests increased bearishness among traders.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 6:15 pm

RMBS

Rambus (NYSE:RMBS) has seen a decrease in short interest, with 3.07 million shares sold short, representing 3.99% of its float. This decrease suggests a more bullish sentiment among traders. Compared to its peers, Rambus has a slightly lower short interest percentage, indicating potentially better performance or sentiment.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 6:15 pm

CMCSA

Comcast's (NYSE:CMCSA) short interest has increased by 25.0% since the last report, with 51.15 million shares sold short, representing 1.3% of its float. It would take about 2.09 days to cover these short positions. This rise in short interest can indicate a more bearish market sentiment towards Comcast, although it has less short interest compared to its peer group average of 10.69%. An increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 6:15 pm

CMMB

Cemomab Therapeutics shares are trading higher following a report of an increase in Q4 EPS results compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 6:13 pm

DLTH

Duluth Holdings (NASDAQ:DLTH) reported a Q4 FY23 sales increase of 1.6% Y/Y to $245.6 million, surpassing the consensus of $242.5 million. The growth was driven by higher conversion rates and mobile penetration, with women's apparel net sales up 12.4% Y/Y. However, gross margin fell to 48.2% from 51.2%, and EPS of $0.21 missed the consensus of $0.27. The company has no outstanding bank debt and expects FY24 net sales of $640 million-$660 million and EPS of $(0.22)-$(0.07). DLTH shares rose 0.34% to $4.415.

Portfolio Pulse from Lekha Gupta

March 07, 2024 | 6:12 pm

MSAI

MultiSensor AI Holdings (MSAI) shares are trading higher following the termination of a provision in its Business Combination Agreement with SportsMap Tech Acquisition Corp. This provision would have mandated the issuance of 2.4 million shares to former holders of Infrared Camera Holdings.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 6:12 pm

TGT

Recent options trading activity indicates a bearish stance on Target (NYSE:TGT) by big-money investors, with a notable split in sentiment: 23% bullish and 76% bearish. Benzinga's options scanner revealed 13 unusual trades, with a focus on a price band between $140.0 and $220.0. Significant trades include both calls and puts with varying sentiments and expiration dates. Target, the nation's sixth-largest retailer, has seen its stock price increase by 0.81% to $174.95, with analysts giving mixed reviews and price targets ranging from $160 to $191.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 6:01 pm

CLSK

Recent options activity for Cleanspark (NASDAQ:CLSK) shows a bearish stance by investors, with 55% of trades being bearish and 45% bullish. The trading range is predicted between $2.5 to $30.0. The largest trades include both bullish and bearish sentiments, with significant amounts invested in calls and puts. Cleanspark, a bitcoin mining company, has seen its stock price slightly decrease to $16.5. Analysts from Chardan Capital and HC Wainwright & Co. maintain a Buy rating, with target prices around $26-$27.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 6:01 pm

MDXH

MDxHealth shares are trading lower due to the company reporting worse-than-expected Q4 GAAP EPS results.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 6:00 pm

LI

Li Auto Inc (NASDAQ:LI) shares dropped in premarket trading due to reports of declining EV deliveries in China. Bernstein analyst Eunice Lee maintains an Outperform rating with a $52.50 price target, viewing the recent 20% stock decline as a buying opportunity. The decline was attributed to weaker than expected order intake for MEGA, Li Auto's flagship MPV. Despite bullish guidance for 2024 and strong Q4 earnings, market chatter suggests only about 4k non-refundable orders for MEGA, against management's guidance of 5k monthly deliveries and an internal target of over 8k.

Portfolio Pulse from Priya Nigam

March 07, 2024 | 6:00 pm