Option chain shows key data for Samsonite International's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Samsonite International.

Samsonite International (OTC:SMSEY) Stock, Option Chain

Samsonite is the world's largest luggage company with a 20% market share in 2023. The company produces and sells travel luggage under various brands targeting the mid-market to high-end consumers. The group's key brand is Samsonite, whose market presence is well established, followed by Tumi, the high-end brand acquired in 2016, which alongside mass-market brand American Tourister, are the next largest earnings contributors. The majority of its products are manufactured by third parties, but Samsonite does produce its own select proprietary materials.

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SMSEY

While &#34;the trend is your friend&#34; when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn&#39;t easy.

Recent Price Trend in Samsonite International (SMSEY) is Your Friend, Here&#39;s Why

Short Ideas

On Tuesday, shares of Samsonite Intl Sa (OTC: SMSEY) experienced volatile short activity. After the activity, the stock price went up +4.47% to $12.86.

The overall sentiment for SMSEY has been Bullish.

Short Volatility Alert: Samsonite Intl

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Stocks That Hit 52-Week Lows On Thursday

SAMSONITE INTL UNSP/ADR by Samsonite International SA

Samsonite International SA

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 150 points on Wednesday.
The Dow traded up 0.30% to 44,838.93 while the NASDAQ rose 0.80% to 19,637.25. The S&amp;P 500 also rose, gaining, 0.23% to 6,063.99.
Check This Out: <a href="https://www.benzinga.com/24/12/42287319/wall-streets-most-accurate-analysts-give-their-take-on-3-health-care-stocks-with-over-4-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Health Care Stocks With Over 4% Dividend Yields</a>
Leading and Lagging Sectors Information technology shares jumped by 1.1% on Wednesday.
In trading on Wednesday, energy shares fell by 1.9%.
Top Headline
The ISM services PMI fell to 52.1 in November compared to 56 in October and down from market estimates of 55.5.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Cross Country Healthcare, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCRN#NASDAQ">CCRN</a>) shares shot up 62% to $18.14 after Aya Healthcare announced a definitive agreement to acquire the company for approximately $615 million.</li>
<li>Shares of CN Energy Group. Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNEY#NASDAQ">CNEY</a>) got a boost, surging 102% to $0.6384 after the company announced it has been granted a 180-day extension by Nasdaq to regain compliance with its $1.00 minimum bid price requirement.</li>
<li>SRM Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRM#NASDAQ">SRM</a>) shares were also up, gaining 89% to $1.19 after the company announced its online sales on Amazon grew 417% since September.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Relmada Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RLMD#NASDAQ">RLMD</a>) shares dropped 77% to $0.6438 after the company announced its Reliance II Phase 3 study indicated results were futile and unlikely to meet the primary efficacy endpoint with statistical significance.</li>
<li>Shares of Torrid Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CURV#NYSE">CURV</a>) were down 31% to $3.18 after the company reported worse-then-expected third-quarter financial results and issued FY24 revenue guidance below estimates.</li>
<li>PSQ Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSQH#NYSE">PSQH</a>) was down, falling 36% to $4.9005 after the company announced a $36.2 million registered direct offering of common stock.</li>
</ul>
Commodities In commodity news, oil traded down 0.1% to $69.88 while gold traded up 0.2% at $2,673.60.
Silver traded up 0.9% to $31.780 on Wednesday, while copper rose 0.1% to $4.2045.
Euro zone
European shares were mostly higher today. The eurozone's STOXX 600 gained 0.32%, Germany's DAX climbed 0.96% and France's CAC 40 rose 0.53%. Spain's IBEX 35 Index rose 0.76%, while London's FTSE 100 fell 0.27%.
Asia Pacific Markets
Asian markets closed mixed on Wednesday, with Japan's Nikkei 225 gaining 0.07%, Hong Kong's Hang Seng Index falling 0.02%, China's Shanghai Composite Index falling 0.42% and India's BSE Sensex gaining 0.14%.
Economics
<ul>
<li>U.S. private businesses added 146K workers to their payrolls for the month of November compared to a revised 184K gain in October, and versus market estimates of 150K.</li>
<li>The S&amp;P Global services PMI was revised downward to 56.1 in November versus a preliminary reading of 57, and compared to October's reading of 55.</li>
<li>U.S. factory orders rose by 0.2% from the previous month to $586.7 billion in October.</li>
<li>The ISM services PMI fell to 52.1 in November compared to 56 in October and down from market estimates of 55.5.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/24/12/42313903/top-3-tech-and-telecom-stocks-that-may-implode-this-quarter">Top 3 Tech And Telecom Stocks That May Implode This Quarter</a></li>
</ul>

Equities

Eurozone

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CCRN

CNEY

CURV

PSQH

RLMD

Nasdaq Surges 150 Points; ISM Services PMI Falls In November

Decibel Cannabis (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DBCCF#OTC">DBCCF</a>) is poised for significant growth, as outlined in a recent report by Zuanic &amp; Associates, which highlights Decibel&#8217;s robust cash flow generation as a key strength. 
With a projected free cash flow (FCF) of $20 million for 2025, the company boasts a significant FCF yield of 54%.&nbsp;
"With a leading franchise in Canadian pre-rolls (the category is as big as Flower in Canada rec now)&#8230;we believe Decibel should trade more in line with the larger market cap LP stocks (especially with debt leverage projected below 1.4x for next year)," senior analyst <a href="https://www.benzinga.com/topic/pablo-zuanic">Pablo Zuanic</a> wrote in the report.&nbsp;
<ul>
<li>Get Benzinga&#8217;s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter&nbsp;<a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. You can't afford to miss out if you&#8217;re serious about the business.</li>
</ul>
<h3 class="wp-block-heading">Market Trends, Decibel's Performance</h3>
The <a href="https://www.benzinga.com/topic/canada-cannabis">Canadian recreational cannabis market</a> saw an improvement in October and November, with a year-over-year increase of 6.7%. However, Decibel continued to experience significant <a href="https://www.benzinga.com/24/11/42137701/canadian-cannabis-co-decibel-reports-12-yoy-drop-in-q3-revenue-but-increases-gross-margin-to-53">sales declines</a>, dropping by 23% year-over-year.
While other major players like Tilray (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) and Canopy Growth (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>) also experienced sales declines, companies like Auxly (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CBWTF#OTC">CBWTF</a>) and Cannara (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LOVFF#OTC">LOVFF</a>) showed substantial growth.
In terms of market share, Tilray maintained the top position, followed by Organigram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OGI#NASDAQ">OGI</a>) and Village Farms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFF#NASDAQ">VFF</a>). Decibel held a 4.7% market share in November.
<ul>
<li>Pre-rolls: Decibel&#8217;s core-infused<a href="https://www.benzinga.com/topic/pre-rolls"> pre-roll segment</a>, while still a significant contributor to revenue, has seen a decline in market share. "Over 97% of Decibel pre-roll sales come from the infused segment (3Q24), where Decibel has seen share erosion; after peaking at 57% in 2Q23, this was 35% in 3Q24 (1Q24 48%; 2Q24 41%)," reads <a href="https://zuanicgroup.com/">Zuanic's report</a>.&nbsp;</li>
</ul>
<ul>
<li>Vapes: Decibel&#8217;s total <a href="https://www.benzinga.com/topic/vapes">vape share</a> fell to 9.7% in 3Q24 from 11.8% in 3Q23, although the company has adapted well to the growing AIO segment. "Decibel has adapted well in AIOs now 29% of its vape sales and is #3 in the AIO segment with a 13% share," Zuanic noted.&nbsp;</li>
</ul>
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/10/41600492/decibel-acquires-agmedica-announces-private-placement-and-third-quarter-guidance">Decibel Acquires AgMedica, Announces Private Placement And Third Quarter Guidance</a>
<h3 class="wp-block-heading">Strategic Acquisition</h3>
The <a href="https://www.benzinga.com/news/financing/24/11/42164794/decibel-cannabis-raises-1-18m-secures-capital-for-agmedica-bioscience-integration">acquisition of AgMedica is a strategic move</a> that will significantly enhance Decibel&#8217;s market position and growth prospects. By expanding its product portfolio, distribution network, and market share, Decibel aims to capitalize on the growing Canadian cannabis market. Key benefits include:
<ul>
<li>Expanded Product Range: AgMedica brings a diverse range of products, including flowers, pre-rolls, edibles, and concentrates.</li>
<li>Enhanced Distribution Network: The acquisition will expand Decibel&#8217;s reach, allowing it to tap into new markets and customer segments.</li>
<li>Strengthened Market Position: By combining the strengths of both companies, Decibel aims to solidify its position as a leading player in the Canadian cannabis market.</li>
</ul>
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/12/42297466/decibel-receives-final-tsx-venture-exchange-acceptance-for-agmedica-acquisition-and-debenture-conversion">Decibel Receives Final TSX Venture Exchange Acceptance For AgMedica Acquisition And Debenture Conversion</a>
<h3 class="wp-block-heading">Zuanic's Thesis </h3>
For Zuanic, Decibel offers a compelling investment opportunity due to its financial position and growth prospects. With a projected FCF of $20 million for 2025, the stock offers a significant FCF yield of 54%.&nbsp;
Additionally, its low valuation multiples of 0.5x sales and 2.8x EBITDA make it an attractive investment. "Although we do not set price targets, at 1-2x our CY26 sales estimates, the stock could be 6-10x higher by Dec'25 vs. current levels," Zuanic concluded.&nbsp;
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41599546/canadas-cannabis-market-goes-cold-pot-prices-hit-bottom-why-top-producers-are-losin">Canada&#8217;s Cannabis Market Goes Cold, Pot Prices Hit Bottom: Why Top Producers Are Losing Ground</a>

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Cannabis

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Penny Stocks

Guidance

Small Cap Analysis

Financing

Retail Sales

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Analyst Ratings

CANNABIS WHEATON INCOME by Cannabis Wheaton Income Corp.

CBWTF

DBCCF

LOVFF

TLRY

Decibel Cannabis: One Acquisition Could Be The Key To Unlocking $20M In Cash Flow

Financial giants have made a conspicuous bearish move on Chewy. Our analysis of options history for Chewy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) revealed 12 unusual trades.
Delving into the details, we found 25% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $385,600, and 6 were calls, valued at $532,776.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $17.5 to $35.0 for Chewy over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Chewy stands at 1727.2, with a total volume reaching 7,063.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Chewy, situated within the strike price corridor from $17.5 to $35.0, throughout the last 30 days.
<h3>Chewy 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733337105_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>CHWY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>04/17/25</td>
<td>$4.35</td>
<td>$4.25</td>
<td>$4.25</td>
<td>$30.00</td>
<td>$206.1K</td>
<td>600</td>
<td>1.0K</td>
</tr>
<tr>
<td>CHWY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$13.7</td>
<td>$13.7</td>
<td>$13.7</td>
<td>$20.00</td>
<td>$146.7K</td>
<td>1.7K</td>
<td>108</td>
</tr>
<tr>
<td>CHWY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$1.96</td>
<td>$1.92</td>
<td>$1.92</td>
<td>$27.50</td>
<td>$140.6K</td>
<td>3.0K</td>
<td>785</td>
</tr>
<tr>
<td>CHWY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/06/24</td>
<td>$1.16</td>
<td>$1.13</td>
<td>$1.16</td>
<td>$32.00</td>
<td>$90.8K</td>
<td>1.6K</td>
<td>897</td>
</tr>
<tr>
<td>CHWY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$3.1</td>
<td>$3.0</td>
<td>$3.0</td>
<td>$35.00</td>
<td>$70.5K</td>
<td>2.7K</td>
<td>1.3K</td>
</tr>
</tbody>
</table>

<h3>About Chewy</h3>
Chewy is the largest e-commerce pet care retailer in the US, generating $11.2 billion in 2023 sales across pet food, treats, hard goods, and pharmacy categories. The firm was founded in 2011, acquired by PetSmart in 2017, and tapped public markets as a stand-alone company in 2019 after spending a couple of years developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, and hard goods, like crates, leashes, and bowls.
Following our analysis of the options activities associated with Chewy, we pivot to a closer look at the company's own performance.
<h3>Current Position of Chewy</h3>
<ul>
<li>With a trading volume of 11,037,218, the price of CHWY is down by -3.1%, reaching $32.58.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 0 days from now.</li>
</ul>
<h3>Expert Opinions on Chewy</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $36.8.
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; Maintaining their stance, an analyst from Deutsche Bank continues to hold a Hold rating for Chewy, targeting a price of $28. 
&#x2A; An analyst from Barclays persists with their Overweight rating on Chewy, maintaining a target price of $40. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Overweight rating on Chewy, which currently sits at a price target of $36. 
&#x2A; Maintaining their stance, an analyst from Baird continues to hold a Outperform rating for Chewy, targeting a price of $40. 
&#x2A; Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for Chewy, targeting a price of $40. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Chewy, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

CHWY

Behind the Scenes of Chewy's Latest Options Trends

Investors with significant funds have taken a bullish position in Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in SCHW usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 8 options transactions for Charles Schwab. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 87% being bullish and 12% bearish. Of all the options we discovered, 7 are puts, valued at $293,215, and there was a single call, worth $50,370.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $70.0 to $85.0 for Charles Schwab over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Charles Schwab's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Charles Schwab's substantial trades, within a strike price spectrum from $70.0 to $85.0 over the preceding 30 days.
<h3>Charles Schwab Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733337100_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>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SCHW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$8.1</td>
<td>$7.65</td>
<td>$7.66</td>
<td>$75.00</td>
<td>$76.5K</td>
<td>17</td>
<td>100</td>
</tr>
<tr>
<td>SCHW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$3.75</td>
<td>$3.65</td>
<td>$3.65</td>
<td>$75.00</td>
<td>$52.2K</td>
<td>92</td>
<td>143</td>
</tr>
<tr>
<td>SCHW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$6.95</td>
<td>$6.9</td>
<td>$6.9</td>
<td>$77.50</td>
<td>$50.3K</td>
<td>714</td>
<td>91</td>
</tr>
<tr>
<td>SCHW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.55</td>
<td>$0.47</td>
<td>$0.48</td>
<td>$72.50</td>
<td>$47.5K</td>
<td>2.2K</td>
<td>1.8K</td>
</tr>
<tr>
<td>SCHW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.26</td>
<td>$0.25</td>
<td>$0.25</td>
<td>$70.00</td>
<td>$32.7K</td>
<td>8.2K</td>
<td>2.3K</td>
</tr>
</tbody>
</table>

<h3>About Charles Schwab</h3>
Charles Schwab operates in brokerage, wealth management, banking, and asset management. It runs a large network of brick-and-mortar brokerage branch offices and a well-established online investing website, and it has mobile trading capabilities. It also operates a bank and a proprietary asset-management business and offers services to independent investment advisors. Schwab is among the largest firms in the investment business, with over $8 trillion of client assets at the end of December 2023. Nearly all of its revenue is from the United States.
<h3>Charles Schwab's Current Market Status</h3>
<ul>
<li>Trading volume stands at 2,154,700, with SCHW's price down by -0.33%, positioned at $80.85.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 42 days.</li>
</ul>
<h3>What The Experts Say On Charles Schwab</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $80.0.
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; Consistent in their evaluation, an analyst from Deutsche Bank keeps a Buy rating on Charles Schwab with a target price of $80. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Charles Schwab, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

SCHW

Decoding Charles Schwab's Options Activity: What's the Big Picture?

Deep-pocketed investors have adopted a bullish approach towards Twilio (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in TWLO usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 18 extraordinary options activities for Twilio. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 66% leaning bullish and 27% bearish. Among these notable options, 2 are puts, totaling $63,476, and 16 are calls, amounting to $1,156,188.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $90.0 to $145.0 for Twilio over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</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 Twilio'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 Twilio's whale trades within a strike price range from $90.0 to $145.0 in the last 30 days. 
<h3>Twilio Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733337095_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</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>TWLO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.5</td>
<td>$5.45</td>
<td>$5.5</td>
<td>$110.00</td>
<td>$147.4K</td>
<td>6.7K</td>
<td>3.8K</td>
</tr>
<tr>
<td>TWLO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.5</td>
<td>$5.45</td>
<td>$5.5</td>
<td>$110.00</td>
<td>$127.6K</td>
<td>6.7K</td>
<td>4.7K</td>
</tr>
<tr>
<td>TWLO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.5</td>
<td>$5.45</td>
<td>$5.5</td>
<td>$110.00</td>
<td>$111.6K</td>
<td>6.7K</td>
<td>3.0K</td>
</tr>
<tr>
<td>TWLO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.5</td>
<td>$5.45</td>
<td>$5.5</td>
<td>$110.00</td>
<td>$106.1K</td>
<td>6.7K</td>
<td>4.4K</td>
</tr>
<tr>
<td>TWLO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$21.1</td>
<td>$21.1</td>
<td>$21.1</td>
<td>$110.00</td>
<td>$105.5K</td>
<td>260</td>
<td>102</td>
</tr>
</tbody>
</table>

<h3>About Twilio</h3>
Twilio is a cloud-based communications platform-as-a-service company offering communication building blocks that allow for a fully customized customer engagement experience spanning voice, video, chat, and SMS messaging. It does this through various application programming interfaces and prebuilt solution applications aimed at improving customer engagement. The company leverages its Super Network, a global network of carrier relationships, to facilitate high-speed, cost-effective communication.
<h3>Current Position of Twilio</h3>
<ul>
<li>Currently trading with a volume of 1,579,466, the TWLO's price is up by 2.96%, now at $110.48. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 70 days.</li>
</ul>
<h3>Professional Analyst Ratings for Twilio</h3>
3 market experts have recently issued ratings for this stock, with a consensus target price of $130.0.
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; An analyst from Tigress Financial persists with their Buy rating on Twilio, maintaining a target price of $135. 
&#x2A; In a positive move, an analyst from Monness, Crespi, Hardt has upgraded their rating to Buy and adjusted the price target to $135. 
&#x2A; Showing optimism, an analyst from Wells Fargo upgrades its rating to Overweight with a revised price target of $120. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Twilio, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

TWLO

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

New York City Mayor Eric Adams is seizing the moment as Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) value edges closer to the $100,000 mark, up <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42310228/if-you-invested-1000-in-bitcoin-when-nvidias-jensen-huang-said-crypto-is-going-to-be-here-for-a-long-time-heres-how-much-youd-have-now">129% this year</a>.
At a press conference on Tuesday, Adams had a pointed message for his skeptics: "Remember y'all laughed at me when I first got my Bitcoin? Who's laughing now?"
Adams, who took his first three paychecks in Bitcoin and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) upon assuming office in January 2022, faced ridicule at the time.
According to Hell Gate, these payments amounted to approximately $30,000 in cryptocurrency, DL News <a href="https://www.dlnews.com/articles/snapshot/nyc-mayor-eric-adams-gloats-about-bitcoin-paychecks-amid-rally/">reported</a>. 
Bitcoin, now trading at nearly $97,000, has more than doubled in value year-to-date, while Ethereum has risen 63% to about $3,700, according to CoinGecko.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42317460/vladimir-putin-says-nobody-can-ban-bitcoin-stresses-crypto-will-develop-one-way-or-the-other">Vladimir Putin Says &#8216;Nobody Can Ban Bitcoin,&#8217; Stresses Crypto Will Develop &#8216;One Way Or The Other&#8217;</a>
The mayor declined to reveal his current crypto holdings but, according to his most recent financial disclosure statement, his Bitcoin holdings by the end of 2023 ranged between $5,000 and $54,999. 
"Go look at my Bitcoin now," Adams told reporters. "You all mock me. ‘You're taking your first three paychecks in Bitcoin. What's wrong with you?' Now you wish you would have done it."
Adams&#8217; enthusiasm for crypto isn't new. 
His decision to <a href="https://www.benzinga.com/markets/cryptocurrency/21/11/23910495/nyc-mayor-doubles-down-miami-mayors-commitment-three-months-of-salary-in-bitcoin">accept his salary in digital assets</a> was part of his broader push to position New York City as a global hub for cryptocurrency innovation.
However, Adams' tenure hasn't been without controversy. He is currently facing criminal charges for bribery and campaign finance violations, accusations he has denied.
Adams is not alone among public officials who have embraced Bitcoin. 
<a href="https://www.benzinga.com/markets/cryptocurrency/21/11/23839068/miami-mayor-to-take-his-next-paycheck-in-bitcoin">Miami Mayor</a> Francis Suarez and Belgian parliament member Christophe De Beukelaer have also chosen to receive their salaries in the world's largest cryptocurrency.
Suarez, known for his pro-crypto stance, and De Beukelaer, who made headlines in 2022 for converting his salary to Bitcoin, have yet to comment on the recent crypto surge or their current holdings.
Read Next: 
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</ul>
Photo: Wikimedia Commons

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

$ETH

NYC Mayor Eric Adams Takes Victory Lap: 'Remember Y'All Laughed When I First Got My Bitcoin? Who's Laughing Now?'

WIIM

FANG

Shares of oil and gas companies are lower ahead of OPEC's supply decision on Thursday. The commodity may be falling due to ongoing conflict in the Middle East.

Offerings

VCIG

VCI Global Ltd Files For Offering Of 2.1M Of Ordinary Shares At A Negotiated Price Of $1.875 Per Share Pursuant To Prospectus Supplement

The New York City shooting death of UnitedHealthcare CEO Brian Thompson Wednesday is believed to be a preplanned and premeditated, police said Wednesday hours after <a href="https://www.benzinga.com/general/health-care/24/12/42316904/unitedhealthcare-ceo-brian-thompson-fatally-shot-outside-nyc-hotel">the attack.</a>
What Happened: Thompson, who was CEO of UnitedHealth Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>)&#8217;s insurance division UnitedHealthcare, was fatally shot while outside the New York Hilton Midtown hotel in Manhattan, New York, where the company was hosting its investor day.
Police said the shooting appears to be preplanned and premeditated with the shooter, who is still at large, having known which door Thompson was going to enter and waiting for him there.
New York Police Commissioner Jessica Tisch called Wednesday's shooting a "brazen targeted attack," as <a href="https://www.nytimes.com/live/2024/12/04/nyregion/brian-thompson-uhc-ceo-shot">reported </a>by the New York Times.
New York Chief of Police Jeffrey Maddrey and Chief of Detectives Joseph Kenny also spoke at a Tuesday press conference. 
The shooter fled the scene on a bike, police said. Surveillance video shows the shooter leaving of the scene. There is no audio on the surveillance footage. Police are offering a reward up to $10,000 for more information on the case.
Police said they are trying to identify a witness who was near Thompson when the shooting occurred. 
Thomspon was getting to the conference early to help set up and he did not travel with security detail, according to police, who added that early findings show he did not typically travel with security. 
A cell phone that could belong to the shooter was located in a nearby alley and is undergoing forensics testing. Police also said they have a search warrant and were looking through Thompson's hotel room to try and find more clues. 
Kenny said it was too early to answer whether a silencer was used on the weapon in response to a press question Wednesday. The chief of detectives said it's too early to know if the shooter was a professional but surveillance shows he was able to fix a firing malfunction quickly, suggesting proficiencytwith firearms.
Police are interviewing Thompson's coworkers to see if any threats were recently been made against him and also checking social media for more clues.
Thompson, who joined UnitedHealth Group in 2004 and held various positions, arrived in New York Monday ahead of the conference, according to police.
Read Also: <a href="https://www.benzinga.com/general/health-care/24/12/42317793/unitedhealth-introduces-2025-guidance-ahead-of-now-stopped-investor-conference">UnitedHealth Group Issued 2025 Guidance Ahead Of Now Stopped Investor Conference</a>
Statements Pour In: UnitedHealth Group shared a statement on Wednesday's killing shortly before noon ET.
"We are deeply saddened and shocked at the passing of our dear friend and colleague Brian Thompson, the CEO of UnitedHealthcare. Brian was a highly respected colleague and friend to all who worked with him. We are working closely with the New York Police Department and ask for your patience and understanding during this difficult time. Our hearts go out to Brian's family and all who were close to him," the <a href="https://www.unitedhealthgroup.com/newsroom/2024/2024-12-4-uhg-statement-on-events.html">statement </a>reads.
New York Gov. Kathy Hochul called Wednesday's events "horrific" and said state police will help if they are needed for the investigation.
"Our hearts are with the family and loved ones of Mr. Thompson, and we are committed to ensuring the perpetrator is brought to justice," Hochul said, as reported by the New York Times.
New York City Mayor Eric Adams told reporters the shooting was targeted and "does not appear to be a random act of violence.
U.S. Sen. Amy Klobuchar of Minnesota, where UnitedHealth Group is headquartered, said Wednesday's event was "a horrifying and shocking act of violence."
What's Next: Police officials told the public that the event was preplanned and premeditated and encouraged New Yorkers to go on with their daily routines while also reporting any suspicious activity and taking a look at the surveillance footage to help identify the shooter.
Wednesday's shooting occurred the same day as the lighting of the Christmas tree in Rockefeller Center, located several blocks away from the crime scene. 
The tree lighting, which is set to air as a two-hour special beginning at 8 p.m. ET on Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>)-owned NBC and Peacock, will go on as planned.
"We will have a massive police presence," Maddrey said.
Additional police will be located in subways to help ease the concern of New Yorkers traveling to the tree lighting ceremony, Maddrey added.
New York police are using drones, K9 units and aviation with no expenses spared to "keep New Yorkers safe," Maddrey said.
UNH Price Action: UnitedHealth Group stock is up 1% to $613.66 on Wednesday versus a 52-week trading range of $436.38 to $630.73.
Read Next: 
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<li><a href="https://www.benzinga.com/news/legal/24/11/41917050/justice-department-moves-to-block-unitedhealths-amedisys-takeover-whats-going-on">Justice Department Moves To Block UnitedHealth&#8217;s Amedisys Takeover: What&#8217;s Going On?</a></li>
</ul>
Photo via Shutterstock.

Management

Media

CMCSA

UnitedHealth 'Deeply Saddened' By Death Of Executive Brian Thompson: New York Police Offer $10K Reward For Information

<ul>
<li>Project is expected to result in 500 or more direct new jobs, more than 1,000 indirect jobs and 5,000 construction workers at peak.</li>
<li>Expansive technology campus will occupy 4 million square feet on 2,250 acres in Richland Parish.</li>
<li>Entergy worked with Meta to address energy needs, and Meta will match its electricity use with 100% clean and renewable energy.</li>
</ul>
RICHLAND PARISH, La., Dec. 4, 2024 /PRNewswire/ -- Today, Meta and&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4317299-1&amp;h=2072622973&amp;u=https%3A%2F%2Fwww.opportunitylouisiana.gov%2F&amp;a=Louisiana+Economic+Development">Louisiana Economic Development</a> (LED) announced a $10 billion artificial intelligence data center in northeast Louisiana, a transformational investment that cements the state's status as a major innovation hub and leader in the global digital revolution. The 4 million square foot data center, to be located in Richland Parish, will be Meta's largest in the world. Construction on the facility is expected to continue through 2030.
Meta projects the data center will support at least 500 direct new jobs in Richland Parish. LED estimates the project will result in the creation of more than 1,000 indirect jobs, for a total of more than 1,500 potential new jobs in the Northeast Region. The company estimates 5,000 construction workers at peak of construction on a 2,250-acre site.

Contracts

Meta Selects Northeast Louisiana As Site Of $10B AI Optimized Data Center; Construction On The Facility Is Expected To Continue Through 2030.

FOUR

Shift4 Payments shares are trading lower. President-elect Donald Trump nominated the company CEO, Jared Isaacman, as the administrator of NASA.

Keefe, Bruyette &amp; Woods analyst Christopher O'Connell maintains Unity Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UNTY#NASDAQ">UNTY</a>) with a Outperform and raises the price target from $43 to $51.

Price Target

UNTY

Keefe, Bruyette & Woods Maintains Outperform on Unity Bancorp, Raises Price Target to $51

NLS Pharmaceutics Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NLSP#NASDAQ">NLSP</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NLSPW#NASDAQ">NLSPW</a>) ("NLS" or the "Company"), a Swiss clinical-stage biopharmaceutical company focused on the discovery and development of innovative therapies for patients with rare and complex central nervous system disorders, today announced the pricing of a private placement offering consisting of the issuance and sale of up to 322,580 common shares only, par value CHF 0.80 per share, at a purchase price of $3.10 per common share, for aggregate gross proceeds of up to $1.0 million, subject to shareholder approval. The initial closing of the offering in the amount of $500,000 is expected to occur on or before January 10, 2025, and the subsequent closing of $500,000 may occur, at the election of the purchaser, within 15 days following the Company meeting certain conditions, including the receipt of shareholder approval and the Company's common shares trading for at least ten consecutive trading days above the purchase price of $3.10 which corresponds to an approx. 15% premium.
The Company intends to use the net proceeds from the offering for general corporate purposes.

NLSP

NLS PHARMACEUTICS LTD WT PUR COM SER A EXP

NLSPW

NLS Pharmaceutics Announces Pricing Of A Private Placement Offering Consisting Of The Issuance And Sale Of Up To 322,580 Common Shares Only At A Purchase Price Of $3.10 Per Common Share, For Aggregate Gross Proceeds Of Up To $1M

Keefe, Bruyette &amp; Woods analyst Christopher O'Connell maintains Peapack Gladstone Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGC#NASDAQ">PGC</a>) with a Outperform and raises the price target from $38 to $44.

Keefe, Bruyette & Woods Maintains Outperform on Peapack Gladstone Finl, Raises Price Target to $44

CRH's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) short percent of float has fallen 8.33% since its last report. The company recently reported that it has 10.42 million shares sold short, which is 1.54% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.3 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>CRH Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733336122_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for CRH 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 CRH'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>, CRH's peer group average for short interest as a percentage of float is 2.42%, 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

(CRH) - Analyzing CRH's Short Interest

HOOD

Robinhood's Tenev Says 'Keenly Looking Into' Sports Betting Space

Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) reportedly ramped up its marketing efforts in China to boost sales during <a href="https://www.benzinga.com/movers" target="_blank" rel="noreferrer noopener">the year-end car-buying season. </a>Grace Tao, Tesla&#8217;s vice president of external affairs, emphasized the safety of Tesla vehicles in a recent Weibo post, CnEV Post <a href="https://www.benzinga.com/tech/24/12/42312826/teslas-0-interest-loan-offer-on-model-3-y-to-end-mid-december-customers-who-order-now-can-get-delivery-before-year-end" target="_blank" rel="noreferrer noopener">reports</a>.
Tao highlighted the Model 3 received top ratings, earning five stars on both the China Electric Vehicle Fire Safety Index and Automotive Fire Safety certification, underscoring the brand&#8217;s safety credentials, the report read.
Recently, the EV behemoth was in the headlines for luring its customers with a new incentive to promote car purchases and capitalize on&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/11/41738613/elon-musk-rejects-rumors-of-a-tesla-phone-but-says-the-ev-giant-will-have-to-make-one-if-this-happen" rel="noreferrer noopener">China&#8217;s auto consumption stimulus.</a>&nbsp;The EV giant is offering Chinese customers the chance to win a tour of its Giga Shanghai factory.
Also Read:<a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/24/12/42312567/whats-going-on-with-nio-stock-today-13" rel="noreferrer noopener"> What&#8217;s Going On With NIO Stock Today?</a>
Tesla China&#8217;s Gigafactory Shanghai is the EV giant&#8217;s largest by production volume, with an estimated annual output exceeding 950,000 vehicles, according to the third quarter 2024 Update Letter, Teslarati <a href="https://www.teslarati.com/tesla-china-giga-shanghai-tour-incentive/" target="_blank" rel="noreferrer noopener">reported</a>. The factory manufactures the Model 3 and Model Y for the domestic Chinese market and international markets.
Yesterday, the company said its 0% interest loan offer in North America on Models 3 and <a href="https://www.benzinga.com/tech/24/12/42312826/teslas-0-interest-loan-offer-on-model-3-y-to-end-mid-december-customers-who-order-now-can-get-delivery-before-year-end" target="_blank" rel="noreferrer noopener">Y will end mid-December.</a>
&#8220;0% APR for new Model 3/Y in the US will end on 12/15,&#8221; Tesla announced in an X <a target="_blank" href="https://x.com/tesla_na/status/1864117153701745075?ref_src=twsrc%5Etfw" rel="noreferrer noopener">post</a> on Tuesday. &#8220;Order now and take delivery by 12/31,&#8221; Tesla further urged.
Tesla has never managed to deliver over 500,000 EVs in a quarter to date, making this an ambitious target.
In the third quarter, Tesla reported deliveries of 462,890 vehicles, up 6.4% year-over-year and up 4.3% quarter-over-quarter.
Deliveries fell 8.5% year-on-year in the first quarter and by 4.8% in the second quarter.
According to Tesla researcher Troy Teslike, Tesla might not touch its global delivery target this year owing to the drop in sales in the U.S. and Europe, despite the rise in China.
TSLA Price Action: Tesla shares are trading flat at $351.34 at publication Wednesday.
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</ul>
Photo: Tesla Model 3, courtesy Tesla Inc.

Global

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Tesla Boosts Marketing In China, Highlights Safety Features During Year-End Sales Push: Report

Wintrust Finl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTFC#NYSE">WTFC</a>) short percent of float has fallen 17.91% since its last report. The company recently reported that it has 654 thousand shares sold short, which is 1.1% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.42 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>Wintrust Finl Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733336117_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Wintrust Finl 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 Wintrust Finl'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>, Wintrust Finl's peer group average for short interest as a percentage of float is 3.49%, 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.

WTFC

How Is The Market Feeling About Wintrust Finl?

Manhattan Associates's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANH#NYSE">MANH</a>) short percent of float has fallen 14.47% since its last report. The company recently reported that it has 2.05 million shares sold short, which is 4.55% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.83 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>Manhattan Associates Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733336112_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Manhattan Associates 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 Manhattan Associates'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>, Manhattan Associates's peer group average for short interest as a percentage of float is 2.81%, 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.

MANH

Peering Into Manhattan Associates's Recent Short Interest

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