Prudential Financial, Inc. 5.950% Junior Subordinated Notes due 2062 Stock (NYSE: PRH)

Latest news for Prudential Financial, Inc. 5.950% Junior Subordinated Notes due 2062 (NYSE:PRH) Stock

Prudential Financial, Inc. 5.950% Junior Subordinated Notes due 2062

PREMIER HEALTH AMER INC by PREMIER HEALTH AMER INC.

PURE H2O BIO-TECHS by Pure H2O Bio-Technologies Inc.

Pure H2O Bio-Technologies Inc

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COIN

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RIOT

Shares of Bitcoin miners and crypto-linked stocks are trading lower amid a drop in Bitcoin.

EQT's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) short percent of float has fallen 6.68% since its last report. The company recently reported that it has 19.33 million shares sold short, which is 3.91% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.82 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>EQT Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735316122_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for EQT 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 EQT'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>, EQT's peer group average for short interest as a percentage of float is 7.53%, which means the company has less 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

Trading Ideas

How Is The Market Feeling About EQT?

Old Republic Intl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORI#NYSE">ORI</a>) short percent of float has fallen 8.15% since its last report. The company recently reported that it has 2.72 million shares sold short, which is 1.24% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.87 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>Old Republic Intl Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735316117_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Old Republic Intl 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 Old Republic Intl'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>, Old Republic Intl's peer group average for short interest as a percentage of float is 2.02%, which means the company has less 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.

How Is The Market Feeling About Old Republic Intl?

ServiceNow's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) short percent of float has risen 12.18% since its last report. The company recently reported that it has 3.60 million shares sold short, which is 1.75% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.88 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>ServiceNow Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735316113_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for ServiceNow has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing ServiceNow'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>, ServiceNow's peer group average for short interest as a percentage of float is 4.99%, which means the company has less 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.

How Is The Market Feeling About ServiceNow?

ASML Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) has outperformed the market over the past 10 years by 9.65% on an annualized basis producing an average annual return of 20.85%. Currently, ASML Holding has a market capitalization of $280.80 billion. 
Buying $1000 In ASML: If an investor had bought $1000 of ASML stock 10 years ago, it would be worth $6,619.06 today based on a price of $713.73 for ASML at the time of writing.
<h3>ASML Holding's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735316108_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

ASML

Here's How Much $1000 Invested In ASML Holding 10 Years Ago Would Be Worth Today

Rail Vision Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVSN#NASDAQ">RVSN</a>) saw its shares rise on Friday after announcing a <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42700675/rail-vision-receives-israel-railways-regulation-approval-for-its-mainline-products" rel="noreferrer noopener">major achievement in railway safety. </a>The company revealed it had received certification approval for the installation of its MainLine Systems on Israel Railways&#8217; passenger locomotives.
This milestone triggers a $300,000 milestone payment and positions Rail Vision for potential future volume procurement from Israel Railways.
CEO Shahar Hania emphasized that the certification demonstrates Rail Vision&#8217;s commitment to excellence and compliance with industry standards.
&#8220;We have met the strict certification standard, which aims to enable Israel Railways&#8217; future plans of high-volume procurement of Rail Vision products and services,&#8221; Hania added.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/small-cap/24/12/42700917/3-russell-2000-tech-stocks-skyrocketed-1000-more-2024-analysts-getting-started" rel="noreferrer noopener">3 Russell 2000 Tech Stocks That Skyrocketed 1,000% Or More In 2024: Analysts Say They&#8217;re Just Getting Started</a>
The company&#8217;s MainLine system is designed to enhance driver awareness with advanced obstacle detection and classification technology.
Tailored for main line operations, the system provides real-time, actionable data to operators, mitigating risks, preventing collisions, and ensuring smooth operations on busy rail networks.
This achievement solidifies Rail Vision&#8217;s position in the railway safety technology market, with further growth potential in the future.
Recently, the company announced its participation in MxV Rail&#8217;s Technology Roadmap Program, a leading initiative focused on establishing minimum interoperable standards and advancing systems to enhance rail safety<a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42668514/rail-vision-to-join-mxv-rails-technology-roadmap-program-to-improve-safety-and-efficiency-of-rail-" rel="noreferrer noopener"> and efficiency across North America.</a>
Through its involvement in the program, Rail Vision will help shape the development of interoperable standards, establishing itself as a key contributor to the evolution of rail technology in the U.S.
Price Action: RVSN shares are trading higher by 34.4% to $1.04&nbsp;at the last check on Friday.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/24/12/42638753/quantum-computing-the-new-ai-a-look-at-the-rapidly-expanding-market-and-top-stocks-for-2025" target="_blank" rel="noreferrer noopener">Quantum Computing: The New AI? A Look at the Rapidly Expanding Market and Top Stocks For 2025</a></li>
</ul>

Equities

Markets

Movers

General

RVSN

What's Going On With Rail Vision Stock On Friday?

Amedisys Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMED#NASDAQ">AMED</a>) shares are trading higher on Friday after the company announced it extended its <a target="_blank" href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0000896262/048b8c3e-592e-42de-a13b-289ffd8da57d.pdf" rel="noreferrer noopener">merger</a> deadline with UnitedHealth Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>).
In an exchange filing, the companies entered into a waiver agreement, further advancing their merger deal, originally<a target="_blank" href="https://www.benzinga.com/general/health-care/24/11/41987383/unitedhealths-optum-defends-multi-billion-dollar-amedisys-deal-ensures-competitive-landscape" rel="noreferrer noopener"> announced on June 26, 2023.</a>
Under the terms of the agreement, Merger Sub, a wholly owned subsidiary of UnitedHealth, will merge with Amedisys, with Amedisys continuing to operate as a subsidiary of UnitedHealth Group.
The companies have agreed to push their $3.3 billion merger deadline to next year. This extension follows intense scrutiny from the U.S. Department of Justice, Reuters reports.
Over a month ago, the DOJ and three U.S. states <a target="_blank" href="https://www.benzinga.com/news/legal/24/11/41917050/justice-department-moves-to-block-unitedhealths-amedisys-takeover-whats-going-on" rel="noreferrer noopener">filed a lawsuit to prevent the deal.</a> They argued that the merger would harm competition in the home health services market.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/12/42703460/amedisys-rigetti-computing-and-other-big-stocks-moving-higher-on-friday" rel="noreferrer noopener">Amedisys, Rigetti Computing And Other Big Stocks Moving Higher On Friday</a>
The waiver allows both Amedisys and UnitedHealth Group to extend the period during which they cannot terminate the merger due to delays.
The companies have agreed to waive their right to terminate the agreement until the earlier of two conditions: 5:00 p.m. New York time on the tenth business day after a final order from the U.S. District Court for the District of Maryland permanently blocking the merger, or 11:59 p.m. on December 31, 2025.
The waiver ensures that the merger process remains in effect until one of these deadlines is reached.
The waiver also includes important financial and operational adjustments. The Regulatory Break Fee under the merger agreement is set at $275 million, which could increase to $325 million if certain divestiture milestones are not met.
Additionally, the waiver modifies certain operational restrictions and closing conditions, particularly those related to government approvals, and increases the revenue-related aspect of the "Burdensome Condition" definition.
Despite regulatory scrutiny and potential challenges, this waiver marks a key development in the ongoing efforts to finalize the merger.
The companies continue to work toward completing the deal, which is expected to provide both parties substantial synergies and growth opportunities.
Price Action: UNH shares are trading lower by 0.52% to $508.47 at last check Friday. AMED is up 4.48%.
Now Read This:
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</ul>

Health Care

AMED

Amedisys and UnitedHealth Extend Merger Deadline - What's Going On?

NVDA

NVIDIA shares are trading lower amid a broader tech selloff.

As Kentucky prepares to roll out its medical cannabis program on Jan. 1, 2025, the already complex issue of gun sales and weed will likely get even more complex due to federal regulations that prohibit marijuana <a href="https://www.benzinga.com/topic/guns">consumers from possessing firearms</a>.
Under federal law, as long as cannabis is classified as a Schedule I drug under the <a href="https://www.benzinga.com/topic/controlled-substances-act">Controlled Substances Act</a> (CSA) these complexities involving the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) will persist.
As of New Year&#8217;s Day, <a href="https://www.benzinga.com/24/11/42203777/kentucky-awards-first-medical-cannabis-dispensary-licenses">medical marijuana will be legal </a>in Kentucky although, due to the CSA, it remains <a href="https://www.benzinga.com/markets/cannabis/24/09/40859406/cannabis-prices-would-be-significantly-lower-in-the-us-if-legalized-study-finds">illegal under federal law</a>. Hence, Kentuckians who own or want to own guns are in a difficult position — a situation faced by gun owners across the U.S. who need or want to consume medical marijuana.
See Also: <a href="https://www.benzinga.com/news/legal/24/12/42694980/cannabis-use-among-teens-plummets-to-30-year-low-study-finds">Cannabis Use Among Teens Plummets To 30-Year Low, Study Finds</a>
<h2 class="wp-block-heading">ATF Paperwork Is Complicated</h2>
If you want to buy a gun, the process begins with ATF Form 4473. The form includes a question that specifically asks if the buyer is an unlawful user of, or addicted to, marijuana, among other controlled substances. Even if marijuana use is legal on a state level, answering yes to any part of that question can disqualify the individual from being able to buy a firearm. If you check yes, licensed sellers cannot legally sell you a gun.
&#8220;You cannot possess firearms and ammunition and also be a user of marijuana,&#8221; ATF Special Agent AJ Gibes said Wednesday, <a href="https://www.wdrb.com/news/starting-jan-1-kentuckians-will-have-to-choose-between-medical-marijuana-or-firearms/article_730a16b6-b80c-11ef-9721-93daace5ff86.html">reported</a> Kentucky's WDRB.com.
<h2 class="wp-block-heading">Give Up Your Right To Bear Arms</h2>
This not only applies to new gun purchases, current legal gun owners also face the tough decision of keeping their guns or partaking in the benefits of medical marijuana.
&#8220;If they wish to follow federal law and not be in violation of it, then they need to make the decision to divest themselves of those firearms,&#8221; Gibes said when asked if medical marijuana card owners are expected to give up their guns.
&#8220;We are not actively seeking and working solely on investigations involving just the possession of firearms and marijuana because of our finite resources,&#8221; he said. Still, for Kentuckians interested in following the law, this is the decision they'll face.
<h2 class="wp-block-heading">Don&#8217;t Lie To The ATF</h2>
Lying on form 4473 is punishable by up to 15 years in prison and/or up to a $250,000 fine. However, Gibes said charges are likely to only be pursued only in connection with another felony.
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</ul>
Photo: Benzinga edit with images by&nbsp;<a href="https://unsplash.com/@sichpicsss?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash" target="_blank" rel="noreferrer noopener">Matthew Sichkaruk</a>&nbsp;on&nbsp;<a href="https://unsplash.com/photos/green-leaf-in-close-up-photography-eh3Sy2XQr7s?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash" target="_blank" rel="noreferrer noopener">Unsplash</a>&nbsp;and&nbsp;<a href="https://www.pexels.com/@pixabay/" target="_blank" rel="noreferrer noopener">Pixabay</a>&nbsp;on Pexels

Cannabis

Government

Legal

Guns And Cannabis Don't Mix In Kentucky: Medical Marijuana Law Takes Effect On New Year's Day

Investors with a lot of money to spend have taken a bullish stance on Axon Enterprise (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AXON, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 11 options trades for Axon Enterprise.
This isn't normal.
The overall sentiment of these big-money traders is split between 45% bullish and 45%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $27,820, and 10, calls, for a total amount of $415,370.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $150.0 to $790.0 for Axon Enterprise during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Axon Enterprise's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Axon Enterprise's whale trades within a strike price range from $150.0 to $790.0 in the last 30 days. 
<h3>Axon Enterprise Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735315243_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AXON</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$30.0</td>
<td>$29.9</td>
<td>$30.0</td>
<td>$600.00</td>
<td>$72.0K</td>
<td align="right">252</td>
<td align="right">24</td>
</tr>
<tr>
<td>AXON</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$123.0</td>
<td>$121.0</td>
<td>$121.0</td>
<td>$500.00</td>
<td>$60.5K</td>
<td align="right">55</td>
<td align="right">5</td>
</tr>
<tr>
<td>AXON</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$467.7</td>
<td>$467.6</td>
<td>$467.6</td>
<td>$150.00</td>
<td>$46.7K</td>
<td align="right">1</td>
<td align="right">1</td>
</tr>
<tr>
<td>AXON</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$110.1</td>
<td>$110.0</td>
<td>$110.0</td>
<td>$500.00</td>
<td>$44.0K</td>
<td align="right">55</td>
<td align="right">10</td>
</tr>
<tr>
<td>AXON</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$215.0</td>
<td>$214.1</td>
<td>$215.0</td>
<td>$400.00</td>
<td>$43.0K</td>
<td align="right">213</td>
<td align="right">4</td>
</tr>
</tbody>
</table>

<h3>About Axon Enterprise</h3>
Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software &amp; sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and derives the majority of its revenue from the software &amp; sensors segment and geographically from the United States.
<h3>Present Market Standing of Axon Enterprise</h3>
<ul>
<li>With a volume of 82,242, the price of AXON is down -2.24% at $609.84. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 60 days.</li>
</ul>
<h3>What Analysts Are Saying About Axon Enterprise</h3>
In the last month, 2 experts released ratings on this stock with an average target price of $750.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Baird continues to hold a Outperform rating for Axon Enterprise, targeting a price of $800. 
&#x2A; In a positive move, an analyst from Morgan Stanley has upgraded their rating to Overweight and adjusted the price target to $700. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Axon Enterprise options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

AXON

Axon Enterprise's Options Frenzy: What You Need to Know

Investors with a lot of money to spend have taken a bearish stance on Lowe's Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with LOW, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 14 options trades for Lowe's Companies.
This isn't normal.
The overall sentiment of these big-money traders is split between 35% bullish and 57%, bearish.
Out of all of the options we uncovered, 13 are puts, for a total amount of $807,820, and there was 1 call, for a total amount of $90,170.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $260.0 to $260.0 for Lowe's Companies over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Lowe's Companies stands at 632.0, with a total volume reaching 3,724.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Lowe's Companies, situated within the strike price corridor from $260.0 to $260.0, throughout the last 30 days.
<h3>Lowe's Companies Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735315237_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$16.15</td>
<td>$16.05</td>
<td>$16.15</td>
<td>$260.00</td>
<td>$101.7K</td>
<td align="right">486</td>
<td align="right">433</td>
</tr>
<tr>
<td>LOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$16.1</td>
<td>$15.9</td>
<td>$16.1</td>
<td>$260.00</td>
<td>$97.9K</td>
<td align="right">486</td>
<td align="right">554</td>
</tr>
<tr>
<td>LOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$7.1</td>
<td>$7.05</td>
<td>$7.1</td>
<td>$260.00</td>
<td>$90.1K</td>
<td align="right">778</td>
<td align="right">127</td>
</tr>
<tr>
<td>LOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$16.05</td>
<td>$15.15</td>
<td>$15.8</td>
<td>$260.00</td>
<td>$71.1K</td>
<td align="right">486</td>
<td align="right">167</td>
</tr>
<tr>
<td>LOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$15.9</td>
<td>$15.5</td>
<td>$15.62</td>
<td>$260.00</td>
<td>$70.4K</td>
<td align="right">486</td>
<td align="right">212</td>
</tr>
</tbody>
</table>

<h3>About Lowe's Companies</h3>
Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's primarily targets retail do-it-yourself (around 70% of sales in 2024) and do-it-for-me customers, but has expanded its commercial and professional business clients to 30% from less than 20% in the past six years. We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.
After a thorough review of the options trading surrounding Lowe's Companies, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Lowe's Companies Standing Right Now?</h3>
<ul>
<li>With a trading volume of 213,256, the price of LOW is down by -0.07%, reaching $249.25.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 60 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Lowe's Companies</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $284.8.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Mizuho persists with their Outperform rating on Lowe's Companies, maintaining a target price of $305. 
&#x2A; An analyst from Wedbush downgraded its action to Neutral with a price target of $250. 
&#x2A; An analyst from RBC Capital persists with their Sector Perform rating on Lowe's Companies, maintaining a target price of $292. 
&#x2A; An analyst from Truist Securities persists with their Buy rating on Lowe's Companies, maintaining a target price of $307. 
&#x2A; An analyst from Stifel persists with their Hold rating on Lowe's Companies, maintaining a target price of $270. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Lowe's Companies with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Lowe's Companies's Options: A Look at What the Big Money is Thinking

Investors with a lot of money to spend have taken a bullish stance on PayPal Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with PYPL, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 14 uncommon options trades for PayPal Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 42%, bearish.
Out of all of the special options we uncovered, 11 are puts, for a total amount of $1,889,890, and 3 are calls, for a total amount of $121,970.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $60.0 to $125.0 for PayPal Holdings over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for PayPal Holdings's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of PayPal Holdings's whale trades within a strike price range from $60.0 to $125.0 in the last 30 days. 
<h3>PayPal Holdings 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735315232_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PYPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$13.05</td>
<td>$12.85</td>
<td>$12.85</td>
<td>$90.00</td>
<td>$511.6K</td>
<td>1.2K</td>
<td>458</td>
</tr>
<tr>
<td>PYPL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$13.05</td>
<td>$12.8</td>
<td>$12.85</td>
<td>$90.00</td>
<td>$321.2K</td>
<td>1.2K</td>
<td>958</td>
</tr>
<tr>
<td>PYPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$13.05</td>
<td>$12.85</td>
<td>$12.89</td>
<td>$90.00</td>
<td>$276.7K</td>
<td>1.2K</td>
<td>708</td>
</tr>
<tr>
<td>PYPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$13.1</td>
<td>$12.95</td>
<td>$12.95</td>
<td>$90.00</td>
<td>$259.0K</td>
<td>1.2K</td>
<td>1.1K</td>
</tr>
<tr>
<td>PYPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$13.1</td>
<td>$12.9</td>
<td>$12.9</td>
<td>$90.00</td>
<td>$258.0K</td>
<td>1.2K</td>
<td>1.3K</td>
</tr>
</tbody>
</table>

<h3>About PayPal Holdings</h3>
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 426 million active accounts at the end of 2023. The company also owns Venmo, a person-to-person payment platform.
Having examined the options trading patterns of PayPal Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of PayPal Holdings</h3>
<ul>
<li>With a volume of 1,103,769, the price of PYPL is down -1.95% at $86.42. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 40 days.</li>
</ul>
<h3>What Analysts Are Saying About PayPal Holdings</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $102.8.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from B of A Securities has elevated its stance to Buy, setting a new price target at $103. 
&#x2A; An analyst from Wolfe Research has elevated its stance to Outperform, setting a new price target at $107. 
&#x2A; Maintaining their stance, an analyst from Keefe, Bruyette &amp; Woods continues to hold a Outperform rating for PayPal Holdings, targeting a price of $104. 
&#x2A; An analyst from Morgan Stanley persists with their Equal-Weight rating on PayPal Holdings, maintaining a target price of $90. 
&#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for PayPal Holdings, targeting a price of $110. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest PayPal Holdings options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

PYPL

PayPal Holdings Unusual Options Activity For December 27

Applied Industrial Techs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIT#NYSE">AIT</a>) has outperformed the market over the past 5 years by 16.41% on an annualized basis producing an average annual return of 29.45%. Currently, Applied Industrial Techs has a market capitalization of $9.40 billion. 
Buying $1000 In AIT: If an investor had bought $1000 of AIT stock 5 years ago, it would be worth $3,625.73 today based on a price of $244.44 for AIT at the time of writing.
<h3>Applied Industrial Techs's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735315208_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In Applied Industrial Techs 5 Years Ago Would Be Worth Today

My Size, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYSZ#NASDAQ">MYSZ</a>) stock is moving higher on Friday after the company announced its annual shareholder update which included financial targets for 2025 <a href="https://www.benzinga.com/pressreleases/24/12/n42700273/mysize-present-year-over-year-growth-2025-targets-15m-revenue-anticipates-strong-2024-finish-close">and year-end projections.</a>
What To Know: The company announced that it anticipates closing 2024 with $8.5 million in revenue, a 23% year-over-year growth. My Size attributes the recent traction gained over the past year to technological advancements and market expansion of its e-commerce platform, Orgad.
The company expects that it will be able to utilize this momentum in order to hit $15 million in revenue by 2025. In addition,&nbsp;the company believes that it will be able to achieve further operational cost savings that will enhance flexibility in cash flow management.
&#8220;Our preliminary financial results highlight Orgad&#8217;s pivotal role in driving our revenue growth. By optimizing operational efficiency and capitalizing on strategic market expansions, Orgad demonstrates its capacity to deliver strong performance while providing the flexibility needed to pursue ambitious targets,&#8221; said Ronen Luzon, Founder and CEO of MySize. 
&#8220;2024 has proven that our strategy is not just ambitious, but highly effective, and we believe that it lays the groundwork for sustainable growth.&#8221;
My Size also announced the company is shifting the focus of Orgad from focusing primarily on&nbsp;North America&nbsp;to expanding operations across&nbsp;Europe. This shift comes after receiving certification to become a supplier for a major European retailer
&#8220;We believe that&nbsp;Europe&nbsp;represents a significant opportunity for Orgad as we tap into new markets and strengthen relationships with global retail leaders,&#8221; Luzon said.
Related Link: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42701686/bitcoin-could-slide-to-60000-technical-analyst-warns">Bitcoin Could Slide To $60,000, Technical Analyst Warns</a>
MYSZ Price Action: At the time of publication, My Size stock is moving 41.7% higher at $5.93, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Image via Shutterstock

MYSZ

What's Going On With My Size Shares Friday?

<a href="https://electrek.co/2024/12/27/vinfast-is-offering-a-crazy-low-lease-deal-on-the-vf-8-suv-for-0-down/" title="https://electrek.co/2024/12/27/vinfast-is-offering-a-crazy-low-lease-deal-on-the-vf-8-suv-for-0-down/">https://electrek.co/2024/12/27/vinfast-is-offering-a-crazy-low-lease-deal-on-the-vf-8-suv-for-0-down/</a>

'VinFast is offering a crazy low lease deal on the VF 8 SUV for $0 down' - Electrek

Note: This story has been updated to correct the spelling of Keith Patrick Gill&#8216;s name.
On Thursday, U.S. stocks experienced a slight downturn as the S&amp;P 500 and NASDAQ indices both edging lower marginally. The S&amp;P 500 slipped by 0.04% to 6,037.59, while the NASDAQ fell 0.05% to 20,020.36. Meanwhile, the Dow Jones Industrial Average saw a marginal increase of 0.07%, closing at 43,325.80.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Rigetti Computing Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>)
Rigetti Computing&#8217;s stock surged by 36.04%, closing at $15.44. It hit an intraday high of $15.50 and a low of $10.76, with a 52-week range of $0.66 to $15.50. Rigetti Computing was in focus after launching its 84-qubit <a href="https://www.benzinga.com/24/12/42681352/us-futures-tumble-after-christmas-break-but-analysts-still-expect-a-santa-claus-rally">Ankaa-3 quantum computer</a> with improved hardware. The stock has been in focus as investor attention shifts to Quantum computing and hit an all-time high on Thursday.
GameStop Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>)
GameStop shares increased by 5.94%, closing at $32.99. The stock reached a high of $34.37 and a low of $31.60, with a 52-week high of $64.83 and a low of $9.95. The rally was influenced by a <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42679610/roaring-kittys-christmas-post-has-gamestop-rallying-7-in-overnight-trading-memecoin-connected-to-trader-also-surge">Christmas post</a> from Roaring Kitty a.k.a Keith Patrick Gill, which sparked interest among investors.
Palladyne AI Corp.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDYN#NASDAQ">PDYN</a>)
Palladyne AI saw its stock jump by 47.57%, closing at $7.29. The stock&#8217;s intraday high was $8.86, with a low of $6.30, and it has a 52-week range of $1.26 to $8.86. The surge followed the company&#8217;s announcement of its&nbsp;<a href="https://www.benzinga.com/24/12/42693853/palladyne-ai-shares-are-surging-today-what-you-need-to-know">successful autonomous tracking flight</a>&nbsp;using its Palladyne Pilot AI software.
Phunware Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>)
Phunware&#8217;s stock rose by 27.91%, closing at $5.50. It reached a high of $5.63 and a low of $4.29, with a 52-week high of $24.01 and a low of $2.85. The stock&#8217;s volatility is linked to its&nbsp;ties with President-elect Donald Trump&nbsp;and the <a href="https://www.benzinga.com/news/24/12/42680116/trump-linked-phunware-ceo-charts-overseas-plans-as-president-elect-makes-white-house-comeback-doesnt-end-on-election-day">company&#8217;s plans for global expansion</a>.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s stock experienced a slight decline of 1.76%, closing at $454.13. The stock&#8217;s intraday high was $465.33, with a low of $451.02, and it has a 52-week range of $138.80 to $488.54. The company&#8217;s Senior Vice President of Automotive, Tom Zhu, highlighted Tesla&#8217;s&nbsp;<a href="https://www.benzinga.com/24/12/42680075/tesla-exec-says-we-will-be-ready-to-efficiently-produce-autonomous-vehicles-as-shanghai-megafactory-nears-completion">readiness to produce autonomous vehicles</a>&nbsp;efficiently as the Shanghai Megafactory nears completion.
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a>&nbsp;by Benzinga.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/24/12/42638957/warren-buffetts-timeless-advice-if-youre-gonna-do-dumb-things-because-your-stock-goes-down-you-shouldnt-own-a-stock-at-all?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Warren Buffett&#8217;s Timeless Advice: &#8216;If You&#8217;re Gonna Do Dumb Things Because Your Stock Goes Down, You Shouldn&#8217;t Own A Stock At All&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

NFLX

PDYN

PHUN

RGTI

TSLA

Rigetti Computing, Gamestop, Palladyne AI, Phunware, And Tesla: Why These 5 Stocks Are On Investor Radars Today (CORRECTED)

The seven companies being sanctioned are Insitu Inc., Hudson Technologies Co., Saronic Technologies, Inc., Raytheon Canada, Raytheon Australia, Aerkomm Inc. and Oceaneering International Inc., the Foreign Ministry statement said. It said that "relevant senior executives" of the companies are also sanctioned, without naming any.
 <a href="https://apnews.com/article/china-sanctions-us-military-sales-taiwan-33e27d5389740e4a1f6c2f1ff7381931" title="https://apnews.com/article/china-sanctions-us-military-sales-taiwan-33e27d5389740e4a1f6c2f1ff7381931">https://apnews.com/article/china-sanctions-us-military-sales-taiwan-33e27d5389740e4a1f6c2f1ff7381931</a>

HDSN

'China sanctions 7 companies over US military assistance to Taiwan' - AP

U.S. Bancorp's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) short percent of float has risen 5.76% since its last report. The company recently reported that it has 22.92 million shares sold short, which is 1.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.72 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>U.S. Bancorp Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735314320_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for U.S. Bancorp has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing U.S. Bancorp'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>, U.S. Bancorp's peer group average for short interest as a percentage of float is 1.04%, 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.

Looking Into U.S. Bancorp's Recent Short Interest

Sanmina's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SANM#NYSE">SANM</a>) short percent of float has risen 16.09% since its last report. The company recently reported that it has 1.44 million shares sold short, which is 4.04% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.47 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>Sanmina Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735314315_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Sanmina has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Sanmina'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>, Sanmina's peer group average for short interest as a percentage of float is 3.21%, 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.

SANM

How Is The Market Feeling About Sanmina?

Grab Holdings's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NYSE">GRAB</a>) short percent of float has risen 13.74% since its last report. The company recently reported that it has 98.20 million shares sold short, which is 3.56% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.76 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>Grab Holdings Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735314310_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Grab Holdings has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Grab Holdings'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>, Grab Holdings's peer group average for short interest as a percentage of float is 10.69%, which means the company has less 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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