PIMCO U.S. Treasury Index Fund PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (ARCA: PRFD)

Latest news for PIMCO U.S. Treasury Index Fund PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (ARCA:PRFD)

Fund invests least 80% of its assets in a diversified portfolio of preferred securities and Capital Securities. Capital Securities include securities issued by U.S. and non-U.S. financial institutions (including, but not limited to, banks and insurance companies) that can be used to satisfy their regulatory capital requirements. Preferred securities and Capital Securities may be represented by forwards or derivatives such as options, futures contracts or swap agreements. The total return sought by the Fund consists of income earned on the Funds investments, plus capital appreciation, if any, which generally arises from decreases in interest rates, foreign currency appreciation or improving credit fundamentals for a particular market sector or security.

Charles Schwab Corp.

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund

INVESCO PREFERRED SHARES UCITS ETF

PIMCO U.S. Treasury Index Fund PIMCO Preferred and Capital Securities Active Exchange-Traded Fund

WIIM

Hims & Hers Health, Inc. Class A Common Stock

HIMS

Hims & Hers Health shares are trading lower in possible response to Amazon's introduction of its low upfront pricing telehealth and medication plan.

Piper Sandler analyst Allison Bratzel maintains Travere Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TVTX#NASDAQ">TVTX</a>) with a Neutral and raises the price target from $12 to $22.

News

Price Target

Analyst Ratings

TVTX

Piper Sandler Maintains Neutral on Travere Therapeutics, Raises Price Target to $22

Trading Ideas

13F Shows JANA Partners Exited Position In BlackLine Inc, Previously Holding 1,154,435 Shares

Wells Fargo analyst Michael Blum maintains Plug Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) with a Equal-Weight and lowers the price target from $3 to $2.

PLUG

Wells Fargo Maintains Equal-Weight on Plug Power, Lowers Price Target to $2

SCHW

Charles Schwab shares are trading higher after the company reported a year-over-year increase in core net new assets and provided updates on its transaction sweep cash balance.

FYBR

13F Shows JANA Partners Decreased Stake In Frontier Communications Parent From 9,577,733 Shares To 3,910,213 Shares

<ul>
<li>The number of separate treatment applications a patient can receive was raised from 4 to 8</li>
<li>Treatment duration increased from 12 to 16 weeks
<ul>
<li>Importantly, the MACs have maintained their insistence on well-powered, peer-reviewed clinical evidence as a prerequisite for reimbursement.</li>
</ul>
</li>
</ul>

Biotech

General

MDXG

MiMedx Group Provides Update On Local Coverage Determinations; Raises Separate Treatment Applications A Patient Can Receive From 4 To 8; Increased Treatment Duration From 12 To 16 Weeks

Earnings

Safe and Green Development Q3 Revenues $81,210, GAAP Net Loss ($2,342,002)

Cantor Fitzgerald analyst Derek Soderberg reiterates Complete Solaria (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSLR#NASDAQ">CSLR</a>) with a Overweight and maintains $6 price target.

Reiteration

CSLR

Cantor Fitzgerald Reiterates Overweight on Complete Solaria, Maintains $6 Price Target

13F Shows JANA Partners Increased Stake In Rapid7 Inc From 2,724,386 Shares To 3,655,540 Shares

Wells Fargo analyst Ike Boruchow maintains Ross Stores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) with a Overweight and lowers the price target from $175 to $165.

ROST

Wells Fargo Maintains Overweight on Ross Stores, Lowers Price Target to $165

TRMB

13F Shows JANA Partners Increased Stake In Trimble From 4,177,544 Shares To 4,880,944 Shares

Piper Sandler analyst Allison Bratzel maintains Rigel Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIGL#NASDAQ">RIGL</a>) with a Neutral and raises the price target from $15 to $23.

RIGL

Piper Sandler Maintains Neutral on Rigel Pharmaceuticals, Raises Price Target to $23

ASML

ASML shares are trading higher. At Investor Day, the CEO provided forecasts that the global chip market will grow at 9% per year and pass $1 trillion by 2030.

Spire Global, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) agreed to sell its maritime business to Kpler for <a href="https://www.benzinga.com/news/asset-sales/24/11/41944207/spire-global-soars-on-heels-of-241-million-sale-of-maritime-business-plans-debt-payoff">roughly $241 million</a>.
The deal includes a $233.5 million purchase price and $7.5 million allocated for services over the next twelve months post-closing. This valuation reflects roughly 5.8 times the revenue generated by the maritime business over the past year.
Peter Platzer, Spire CEO said, "We are now even better equipped with the resources, technology and experience to serve governments and commercial clients to fulfill their missions, whether through our advanced data solutions or empowering them with our sophisticated space services offering…In addition to these benefits for Spire, we expect this sale will benefit our maritime customers and team members by allowing our maritime business to grow even faster within a global organization leading the digitalization of the maritime industry,"
Spire shares gained 14.1% to close at $13.45 on Wednesday.
These analysts made changes to their price targets on Spire following earnings announcement.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5898636e43eaaa00018b14b0/jeffrey-meuler">Baird analyst Jeffrey Meuler</a> maintained Spire Global with a Neutral and raised the price target from $9 to $16.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/591479b9290fa7000138e4bb/jeff-van%20rhee">Craig-Hallum analyst Jeff Van Rhee </a>upgraded Spire Global from Hold to Buy and raised the price target from $8 to $20.</li>
</ul>
Considering buying SPIR stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="588" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14091422/image-155-1024x588.png" alt="" class="wp-image-648045" style="width:639px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14091422/image-155-1024x588.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14091422/image-155-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14091422/image-155-768x441.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14091422/image-155.png 1126w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read More: 
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<li><a href="https://www.benzinga.com/news/earnings/24/11/41962884/us-stocks-settle-mixed-following-inflation-data-investor-sentiment-improves-but-fear-index-remains-in-greed-zone">US Stocks Settle Mixed Following Inflation Data: Investor Sentiment Improves, But Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

Markets

SPIR

These Analysts Boost Their Forecasts On Spire Global

FBLG

FibroBiologics Files Patent Application To Reduce Blood Clotting Risks In Cell-Based Therapies, Targeting IBMIR-Mediated Inflammatory And Coagulative Responses To Enhance Safety And Effectiveness

Cheetah Net Supply Chain's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTNT#NYSE">CTNT</a>) short percent of float has fallen 81.99% since its last report. The company recently reported that it has 138 thousand shares sold short, which is 9.67% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Cheetah Net Supply Chain Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731593722_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Cheetah Net Supply Chain has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Cheetah Net Supply Chain's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Cheetah Net Supply Chain's peer group average for short interest as a percentage of float is 7.01%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

CTNT

Looking Into Cheetah Net Supply Chain's Recent Short Interest

Piper Sandler analyst Allison Bratzel maintains Ionis Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IONS#NASDAQ">IONS</a>) with a Overweight and lowers the price target from $65 to $62.

IONS

Piper Sandler Maintains Overweight on Ionis Pharmaceuticals, Lowers Price Target to $62

Long before billionaire Mark Cuban splurged on NBA teams and private jets, <a href="https://www.benzinga.com/personal-finance/24/08/40442345/mark-cuban-says-he-drove-cars-that-cost-200-with-holes-in-the-floorboard-and-lived-off-mac-and-c">he drove cars that cost less than $200 – </a>one of which he even found abandoned. Reflecting on his early days in a December 2022 episode of the Club Random Podcast with Bill Maher, Cuban shared how his passion for financial independence drove him to make unique choices with money and his lifestyle.
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<li><a href="https://www.benzinga.com/money/100k-cd">$100K Sitting In A CD Account, Should I Move Money Into The Stock Market?</a></li>
</ul>
In 1982, fresh out of Indiana and chasing opportunities in Dallas, Cuban's 1977 Fiat X1/9 broke down, leaving him without a car. To make things worse, the Fiat had holes in the floorboard, making it unreliable and dangerous. Without a reliable vehicle and limited funds, Cuban relied on friends to get around until, one day, he stumbled on a surprising opportunity: a car abandoned on the side of the road.
He immediately made his friends pull over. He spotted an envelope stuffed with loan documents on the front seat inside the unlocked car. Realizing someone likely gave up the car due to missed payments, Cuban had an idea. "I knew from my own personal experience that someone had abandoned [the car] because they couldn't make the payment," he told Maher. With his history of bad credit and a deep understanding of financial struggles, Cuban took a chance. The next day, he called the bank, explained he'd found the car and asked if he could take over payments. Incredibly, they agreed and Cuban was back on the road.
Trending: Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.
Of course, this "strategy" isn't exactly replicable today, as Cuban pointed out to Maher. In the digital age, speaking directly with a bank to make a deal like this is nearly impossible and finding an abandoned car with paperwork intact is just as rare. However, Cuban's resourcefulness and determination to live affordably still hold valuable lessons for anyone hoping to save big.
This car saga is just one example of how creatively Cuban lived on a tight budget. At 24, he shared a three-bedroom apartment with five roommates, eating macaroni and cheese and scoring supermarket discounts to keep his expenses low. Cuban told Maher he used to shop for food at midnight when grocery stores slashed prices on certain items. "I used to go to the grocery store at midnight because they lowered the price of chicken and these big [bags of] french fries to $1.29," Cuban recalled. "And I would buy a bunch of them."
See Also: According to Vanguard&#8217;s Advisor&#8217;s Alpha Study, working with a financial advisor can result in approximately 3% higher net returns annually,<a href="https://www.benzinga.com/money/3-percent-advantage-financial-advisor"> here are the benefits of partnering with a financial advisor and how to find the right one near you in minutes.</a>
His lean lifestyle went beyond his living situation and diet, though. It was grounded in a bigger goal: financial independence. In a 2017 Money interview, Cuban reflected on his younger self, "I was determined to be able to retire. I valued time more than anything. I wanted enough money to travel, have fun and party like a rock star <a href="https://www.benzinga.com/personal-finance/24/09/40752828/mark-cuban-shares-he-reached-first-1-million-by-learning-to-party-like-a-rock-star-but-still-liv">but still live like a student</a>. That was my motivation."
Cuban's relentless drive eventually <a href="https://www.benzinga.com/startups/24/10/41120122/mark-cuban-getting-filthy-stinkin-rich-is-one-of-the-most-patriotic-things-you-can-do-thats-the-amer">led to his big break</a>. After years of hustling, he launched a software company called MicroSolutions, which he sold for $6 million in 1990. This set him on the path to building the immense fortune he has today, estimated at $5.1 billion. His next big move came in 1999 when he sold his second company, Broadcast.com, to Yahoo for nearly $6 billion, cementing his status as one of the world's wealthiest self-made billionaires.
For those hoping to achieve financial freedom, Cuban's story is a reminder that the path isn't always glamorous, but strategic frugality and ambition can set a strong foundation. Just remember, <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">consulting a financial advisor</a> can help you make the most of your resources while avoiding some of the tougher financial hurdles Cuban faced.
Read Next:
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<li>Studies show 50% of consumers think Financial Advisors cost much more than they do —<a href="https://www.benzinga.com/money/money-pickle"> to debunk this, this company provides matching for free and a complimentary first call with the matched advisor.</a></li>
<li>How do billionaires pay less in income tax than you?<a href="https://www.benzinga.com/money/tax-deferring-adv"> Tax deferring is their number one strategy</a>.</li>
</ul>

Personal Finance

Mark Cuban Drove An Abandoned Car He Found After His $200 Fiat With Holes In The Floorboard Died – 'I Was Determined To Be Able To Retire'

Innodata's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INOD#NYSE">INOD</a>) short percent of float has fallen 7.31% since its last report. The company recently reported that it has 3.81 million shares sold short, which is 14.08% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.87 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Innodata Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731593717_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Innodata has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Innodata's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Innodata's peer group average for short interest as a percentage of float is 2.44%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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