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MPW

Medical Properties Trust (NYSE:MPW) has seen a rise in short interest, now at 35.84% of float with 154.20 million shares shorted. It would take about 10.46 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. MPW's short interest is significantly higher than its peer group average of 3.32%.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 3:00 pm

FANG

Diamondback Energy (NYSE:FANG) has seen an 8.15% increase in short interest since its last report, with 6.24 million shares sold short, representing 3.98% of its float. It would take about 4.38 days to cover these short positions based on average trading volume. While an increase in short interest can indicate bearish sentiment, it's not a definitive predictor of a stock's direction. Diamondback has less short interest compared to its peer group average of 6.11%.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 3:00 pm

LPG

Dorian LPG (NYSE:LPG) has seen a decrease in short interest by 18.05% since the last report, with 1.74 million shares sold short, representing 6.04% of its float. The average time to cover these short positions is 2.63 days. While a decrease in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price. Dorian LPG has a higher short interest compared to its peer group average of 3.12%.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 3:00 pm

SOLUSD

Solana's (CRYPTO: SOL) price has decreased by 6.44% in the last 24 hours, reaching $87.34, continuing a negative trend from the past week with a 5.0% loss. Trading volume has dropped by 35.0%, and the circulating supply slightly decreased by 0.06%, with a current market cap ranking of #5 at $37.73 billion.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 3:00 pm

ADNT

Adient Plc (NYSE:ADNT) reported preliminary financial results for Q1 2024, with revenue expected at $3.7 billion, slightly below analyst expectations of $3.72 billion, and Adjusted EBITDA at $215 million, up from $212 million year-over-year. The company's President and CEO, Jerome Dorlack, expressed optimism for FY24, citing a solid start despite UAW strike-related production stoppages. Adient's stock rose 5.06% to $34.81 following the announcement.

Portfolio Pulse from Akanksha Bakshi

January 22, 2024 | 2:59 pm

SGMT

Sagimet Biosciences shares have resumed trading. There is no additional context provided regarding the reason for the halt or any company developments that could influence the stock price.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 2:55 pm

SGMT

Shares of Sagimet Biosciences were halted due to a circuit breaker after surging 170.8%.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 2:50 pm

SGMT

Sagimet Biosciences shares have resumed trading. There is no additional context provided regarding the reason for the halt or the implications for the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 2:49 pm

PNW

Guggenheim analyst Shahriar Pourreza has upgraded Pinnacle West Capital (NYSE:PNW) from Neutral to Buy and set a price target of $78.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 2:47 pm

SIG

Signet Jewelers (NYSE:SIG) announced a quarterly dividend of 23 cents per share, with the ex-dividend date set for Thursday. Shareholders owning SIG stock by the end of Wednesday are eligible for the dividend, to be paid on February 23, 2024. The stock is expected to open 23 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 2:46 pm