Glenveagh Properties (OTC:GLVHF) Stock, Quote.Headers.trade-ideas

Glenveagh Properties PLC is engaged in homebuilding in Ireland. The company is organized into three key reportable segments, The Suburban segment is engaged in housing (with some low-rise apartments) with demand from private buyers and institutions. The urban segment is engaged in developing apartments to deliver to institutional investors. The apartments are located in Dublin and Cork and on sites adjacent to rail transportation hubs. The partnerships segment involves the Government, local authorities, or state agencies contributing their land on a reduced cost or phased basis into a development agreement with Glenveagh. Its product is delivered back to the government or local authority via social and affordable homes.

GLENVEAGH PROPERTIES PLC by Glenveagh Properties Plc

Glenveagh Properties PLC

News

Guidance

Centene Expects To Reaffirm 2024 Adjusted EPS Guidance Of Greater Than $6.80 (Est $6.82) At Investors Meet On Sept. 17, 2024 And Bank Of America 2024 Global Healthcare Conference - Filing

While &quot;the trend is your friend&quot; 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.
The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.
Investors looking to make a profit from stocks that are currently on the move may find our &quot;Recent Price Strength&quot; screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
There are several stocks that passed through the screen:
<h2>Tecnoglass</h2>
(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tgls#NYSE">TGLS</a>) is one of them. Here are the key reasons why this stock is a solid choice for &quot;trend&quot; investing.
A solid price increase over a period of 12 weeks reflects investors&#39; continued willingness to pay more for the potential upside in a stock. TGLS is quite a good fit in this regard, gaining 56.6% over this period.
However, it&#39;s not enough to look at the price change for around three months, as it doesn&#39;t reflect any trend reversal that might have happened in a shorter time frame. It&#39;s important for a potential winner to maintain the price trend. A price increase of 13.4% over the past four weeks ensures that the trend is still in place for the stock of this architectural glass maker.
Moreover, TGLS is currently trading at 97.1% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock&#39;s near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Another factor that confirms the company&#39;s fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock&#39;s near-term price performance.
So, the price trend in TGLS may not reverse anytime soon.
<a href="https://www.zacks.com/stock/news/2336329/tecnoglass-tgls-is-a-great-choice-for-trend-investors-here-s-why?cid=CS-BENZ-FT-tale_of_the_tape|recent_price_strength_screen-2336329">To read this article on Zacks.com click here.</a>

Earnings

Mid Cap

Markets

Analyst Ratings

Trading Ideas

TGLS

Tecnoglass Is a Great Choice for 'Trend' Investors, Here's Why

Streaming giant Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) could add a hot wings eating competition that features celebrities to its growing slate of live media content, which includes two NFL games for <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40345870/netflix-ad-price-hike-live-sports-seen-as-keys-for-growth-says-analyst">the 2024 season.</a>
What Happened: Shares of BuzzFeed Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZFD#NASDAQ">BZFD</a>) have been on a wild ride in 2024, getting a boost earlier in the year when former presidential candidate Vivek Ramaswamy revealed he had<a href="https://www.benzinga.com/m-a/24/05/38961503/vivek-ramaswamy-breathes-new-life-in-beaten-down-buzzfeed-stock-whats-going-on"> taken a stake</a> and was pushing for changes.
The diversified media company saw shares spike on Friday with a report that Netflix could be eyeing one of the company's assets.
"Hot Ones," which is one of the most-watched shows on YouTube, is drawing interest from Netflix for a live version of the show that features celebrities answering questions while they eat hot wings, according to a report from <a href="https://variety.com/2024/tv/news/netflix-hot-ones-live-shows-1236143502/">Variety</a>.
For those unfamiliar with the show, the heat of the wings increases as the episode progresses, while host Sean Evans fires off questions.
First We Feast, which is the channel behind "Hot Ones" and part of the BuzzFeed library, has 14 million <a href="https://www.youtube.com/@FirstWeFeast">followers</a> on YouTube with "Hot Ones" episodes regularly bringing in millions of viewers.
These are the current top viewed "Hot Ones" episodes through the first 24 seasons of the hit show.
<ul>
<li>Gordon Ramsay: 128 million viewers</li>
<li>Billie Eilish: 51 million viewers</li>
<li>Shaquille O'Neal: 43 million</li>
<li>Kevin Hart: 38 million</li>
<li>Tom Holland: 35 million</li>
</ul>
According to the report, the negotiations are in the early stages, with Netflix hoping to land live episodes of the show, potentially for a series or for live specials.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent091624">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It's Important: Several past seasons of "Hot Ones" are available on various streaming platforms. The new episodes in questions would be made exclusively for Netflix. It is unknown if Netflix is hoping to land the rights to the current series and make the episodes live, or to launch something completely different from the current show and format.
A 25th season of "Hot Ones" is set to begin on Sept. 19 featuring soccer legend Zlatan Ibrahimovic.
Over the years, Netflix has shifted its strategy from acquiring third-party content to producing original programming in collaboration with partners, creating exclusive content for the platform.The streaming giant has also shifted its sports focus, going from airing sports docuseries to bidding on live sports.
In the past year, the company has aired several comedy live specials and also some live sports specials, including a recent <a href="https://www.benzinga.com/general/entertainment/24/09/40692059/joey-chestnut-breaks-hot-dog-eating-contest-record-how-netflix-could-benefit-from-live-spor">hot dog eating competition</a> featuring Joey Chestnut.
In the future, Netflix will also acquire the rights to stream World Wrestling Entertainment content and will broadcast two live National Football League games on Christmas Day.
One potential challenge in bringing &#8220;Hot Ones&#8221; to a live format could be how the show's dynamic translates in real time. Many celebrities have needed extra time to recover from the heat of the wings, while others are determined to avoid making faces or being turned into memes during their interviews. Live interviews while eating hot wings could give celebrities less control over how they are portrayed on the show.
BZFD Price Action: BuzzFeed shares finished 3.7% higher on Monday at $2.77 versus a 52-week trading range of $0.64 to $4.56. BuzzFeed shares are up over 150% year-to-date in 2024.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/07/39849026/netflix-q2-earnings-highlights-revenue-beat-eps-beat-advertising-revenue-more-meaningful-squid-game">Netflix Q2 Earnings Highlights: Revenue Beat, EPS Beat, Advertising Revenue &#8216;More Meaningful,&#8217; &#8216;Squid Game&#8217; Multiplayer Game Coming</a></li>
</ul>
Photo: Shutterstock

Entertainment

BZFD

NFLX

Could Gordon Ramsay, Billie Eilish, Kevin Hart, And Shaq Sweating Over Hot Wings Ignite Netflix's Live TV Dreams?

While &quot;the trend is your friend&quot; 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.
The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.
Investors looking to make a profit from stocks that are currently on the move may find our &quot;Recent Price Strength&quot; screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
There are several stocks that passed through the screen:
<h2>Northrim BanCorp</h2>
NRIM&nbsp;is one of them. Here are the key reasons why this stock is a solid choice for &quot;trend&quot; investing.
A solid price increase over a period of 12 weeks reflects investors&#39; continued willingness to pay more for the potential upside in a stock. NRIM is quite a good fit in this regard, gaining 26.4% over this period.
However, it&#39;s not enough to look at the price change for around three months, as it doesn&#39;t reflect any trend reversal that might have happened in a shorter time frame. It&#39;s important for a potential winner to maintain the price trend. A price increase of 5.7% over the past four weeks ensures that the trend is still in place for the stock of this holding company for Northrim Bank.
Moreover, NRIM is currently trading at 85.2% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock&#39;s near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Another factor that confirms the company&#39;s fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock&#39;s near-term price performance.
So, the price trend in NRIM may not reverse anytime soon.
<a href="https://www.zacks.com/stock/news/2336327/here-s-why-momentum-in-northrim-nrim-should-keep-going?cid=CS-BENZ-FT-tale_of_the_tape|recent_price_strength_screen-2336327">To read this article on Zacks.com click here.</a>

Small Cap

Here's Why Momentum in Northrim Should Keep Going

By <a href="https://elplanteo.com/author/lucia-tedesco/" target="_blank" rel="noreferrer noopener">Lucía Tedesco</a> via <a href="https://elplanteo.com/investigadores-de-drogas/" target="_blank" rel="noreferrer noopener">El Planteo</a>
A new study from New York University reveals that 86% of drug researchers have used substances at some point in their lives, with 47% admitting to using them in the past three months.
The research, published in Drug and Alcohol Dependence Reports and led by scientist Danielle Ompad and her team, surveyed 669 researchers across 43 countries. It raises the question: Can personal drug experience enhance the quality of drug research, or does the stigma surrounding it hinder academic credibility?
While some researchers believe that their personal experiences with drugs provide valuable insights into their research questions, others fear that this same experience might discredit their work within the academic community.
<h2 class="wp-block-heading">The Stigma Surrounding Drug Researchers</h2>
As the study highlights, &#8220;Drug use experiences can positively inform research- but stigma is a barrier..&#8221; This stigma impacts how researchers perceive themselves and how they are viewed by their peers and the public. The study noted that only 17.8% of respondents considered themselves &#8220;out&#8221; (or open) about their drug use, showing that the majority prefer not to disclose this information in professional settings.
Disclosure is a particularly delicate matter. While 59% of researchers who have used drugs shared this information with colleagues within their institutions, only 11% disclosed it in the context of their research or grant applications. Although some believe their personal drug use enriches their work, many are concerned that it may negatively affect how their scientific objectivity is perceived.
"Researchers believe drug use could strengthen research questions," the study noted, acknowledging the value of &#8220;experiential knowledge,&#8221; meaning that the personal experiences of professionals can contribute to their work.
However, ethical and professional concerns remain, and there is a recognized need to continue the debate and exploration of this topic.
Cover image generated with AI, edited in Canva by El Planteo.
<hr class="wp-block-separator has-alpha-channel-opacity" />
This article is from an external unpaid contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content or accuracy.

Cannabis

Psychedelics

86% Of Drug Researchers Admit To Drug Use: NYU Study

WIIM

STLD

Steel Dynamics shares are trading lower after the company warned of lower profitability from its steel operations due to reduced pricing in flat rolled operations.

Management

Saga Communications Promotes Samuel Bush To Executive Vice President As Well As Continuing His Position As CFO And Treasurer; Promotes Wayne Leland To COO

Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) shares are surging following reports that the company qualified for up to $3 billion in federal funding to produce semiconductors for U.S. military applications.
The potential grant, part of the CHIPS and Science Act's Secure Enclave program, aims to secure a domestic supply of advanced chips critical for defense and <a href="https://www.benzinga.com/news/24/09/40880571/whats-going-on-with-intel-stock-monday">intelligence purposes.</a>
Intel has been working closely with the U.S. government through various defense programs such as the State-of-the-Art Heterogeneous Integration Prototype (SHIP) and Rapid Assured Microelectronics Prototypes-Commercial (RAMP-C). This latest funding would help expand Intel&#8217;s capabilities in producing cutting-edge semiconductors across its facilities in Arizona, Ohio and other states.
This comes on top of an already proposed $8.5 billion in grants and $11 billion in loans Intel is negotiating under the broader CHIPS Act, which seeks to revitalize the U.S. semiconductor industry.
Intel also <a href="https://www.intel.com/content/www/us/en/newsroom/news/intel-strategic-collaboration.html" target="_blank" rel="noreferrer noopener">announced</a> it expanded its strategic collaboration with Amazon Web Services (AWS) under a multi-year, multi-billion-dollar framework covering product and wafers from Intel. 
&#8220;This expansion of our long-time relationship with AWS reflects the strength of our process technology and delivers differentiated solutions for customer workloads. Together, our Secure Enclave and AWS announcements demonstrate the continued progress we are making to build a world-class foundry business,&#8221; said the Intel announcement.
INTC Price Action: Intel shares were up by 6.36% at $20.91 Monday at market close, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1722883001180099"><img loading="lazy" decoding="async" width="1024" height="541" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16154620/INTC-1-1024x541.png" alt="" class="wp-image-550487" style="width:406px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16154620/INTC-1-1024x541.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16154620/INTC-1-300x159.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16154620/INTC-1-768x406.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16154620/INTC-1.png 1393w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
See Also:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/09/40882699/bill-surges-6-in-a-month-should-you-buy-hold-or-sell-the-stock">BILL Surges 6% in a Month: Should You Buy, Hold or Sell the Stock?</a></li>
</ul>
Photo: Shutterstock

Movers

Tech

INTC

Intel Shares Jump On Reports Of $3 Billion Military Chip Funding [Updated]

The luxury vacation club is set to install Tonal's revolutionary trainer in select vacation homes across the portfolio.
<ul>
<li>Inspirato is excited to announce a new partnership with Tonal, the world's smartest strength training system, to install the innovative Tonal trainer in select Inspirato vacation homes.&nbsp;</li>
<li>Inspirato members are eligible for an exclusive discount on the purchase of their own Tonal trainer.&nbsp;</li>
<li>This partnership is a reflection of Inspirato's commitment to curating unforgettable experiences, continuously upgrading its luxury properties with premium amenities, and partnering with leading brands.&nbsp; &nbsp;</li>
</ul>

ISPO

Inspirato Partners With Tonal To Elevate Luxury Homes With Cutting-Edge Fitness Technology

<ul>
<li>Carver is a historic institution founded in 1948 to help underserved communities in New York City build wealth.</li>
<li>Carver continues to pay its mission forward, focusing on Minority and Women Business Enterprises and the growing middle-income neighborhoods it serves.</li>
<li>Approximately $0.80 of each deposit dollar at the Bank is reinvested in the diverse communities it serves through competitively priced loan capital.</li>
<li>Donald Felix is only the sixth CEO in Carver's 76-year history.</li>
</ul>
NEW YORK, Sept. 16, 2024 /PRNewswire/ -- Carver Bancorp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARV#NASDAQ">CARV</a>) ("Carver" or the "Company"), the holding company for Carver Federal Savings Bank (the "Bank"), a certified Community Development Financial Institution ("CDFI") and designated Minority Depository Institution ("MDI"), is pleased to announce that its Board of Directors (the "Board") has named Donald Felix as President and CEO of the Company and Bank effective November 1, 2024. He will also serve as a member of the Carver Board.

CARV

Carver Bancorp Names Donald Felix President And CEO, Effective November 01, 2024

LUCD

PAVmed Announces Efforts To Regain Nasdaq Compliance, Including Lucid Diagnostics Deconsolidation From Financials And Appointment Of Sundeep Agrawal To Board; Deconsolidation Increases PAVmed's Stockholder Equity While Retaining Largest Shareholder Status In Lucid

RFIL

RF Industries shares are trading lower after the company reported worse-than-expected Q3 financial results.

Steel Dynamics Sees Q3 EPS $1.94-$1.98; Says Q3 Profitability From Steel Operations Is Expected To Be Meaningfully Lower Thank Sequential Q2 Results, Based On Lower Avg. Realized Pricing Within Flat Rolled Operations

Church & Dwight Says Rick Dierker Will Be Promoted To CEO As Of March 31, 2025; Matt Farrell To Continue As Chairman Through Transition Period

While &quot;the trend is your friend&quot; 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.
The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.
Our &quot;Recent Price Strength&quot; screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Also, the screen passes only the stocks that are trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
There are several stocks that passed through the screen:
<h2>Great Lakes Dredge &amp; Dock</h2>
(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gldd#NASDAQ">GLDD</a>) is one of them. Here are the key reasons why this stock is a solid choice for &quot;trend&quot; investing.
A solid price increase over a period of 12 weeks reflects investors&#39; continued willingness to pay more for the potential upside in a stock. GLDD is quite a good fit in this regard, gaining 11.6% over this period.
However, it&#39;s not enough to look at the price change for around three months, as it doesn&#39;t reflect any trend reversal that might have happened in a shorter time frame. It&#39;s important for a potential winner to maintain the price trend. A price increase of 7.9% over the past four weeks ensures that the trend is still in place for the stock of this provider of dredging and dock-contracting services.
Moreover, GLDD is currently trading at 84% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock&#39;s near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Another factor that confirms the company&#39;s fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock&#39;s near-term price performance.
So, the price trend in GLDD may not reverse anytime soon.
<a href="https://www.zacks.com/stock/news/2336333/recent-price-trend-in-great-lakes-dredge-dock-gldd-is-your-friend-here-s-why?cid=CS-BENZ-FT-tale_of_the_tape|recent_price_strength_screen-2336333">To read this article on Zacks.com click here.</a>

GLDD

Recent Price Trend in Great Lakes Dredge & Dock is Your Friend, Here's Why

VNCE

Vince Holding shares are trading lower. The company reported Q2 financial results.

Hyatt Hotels's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) short percent of float has risen 10.23% since its last report. The company recently reported that it has 4.64 million shares sold short, which is 12.18% of all regular shares that are available for trading. Based on its trading volume, it would take traders 8.56 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>Hyatt Hotels Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726518622_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Hyatt Hotels 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 Hyatt Hotels'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>, Hyatt Hotels's peer group average for short interest as a percentage of float is 6.60%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About Hyatt Hotels?

Ingersoll Rand's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IR#NYSE">IR</a>) short percent of float has fallen 9.75% since its last report. The company recently reported that it has 8.94 million shares sold short, which is 2.5% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.4 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>Ingersoll Rand Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726518617_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Ingersoll Rand 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 Ingersoll Rand'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>, Ingersoll Rand's peer group average for short interest as a percentage of float is 2.56%, 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 Ingersoll Rand?

PDD Holdings's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NYSE">PDD</a>) short percent of float has risen 9.95% since its last report. The company recently reported that it has 33.78 million shares sold short, which is 4.09% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.21 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>PDD Holdings Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726518611_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for PDD 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 PDD 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>, PDD Holdings's peer group average for short interest as a percentage of float is 9.36%, 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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