These are the stocks investors raised their bets against in the first half of March.
Investors raised their bets in the first half of this month against plant-based food company Tattooed Chef , as well as a slew of biotech companies. As of March 15, short interest against Tattooed Chef rose nearly 4% to 17.1 million shares, which is about 35% of the total float, according to FactSet data. The percentage of float refers to the number of shares that are sold short divided by the the total number of shares available for trading.
Allogene is a clinical-stage biotechnology company developing cancer treatments. Short interest in Sana Biotechnology , a firm utilizing engineered cells for medicines, rose to 30 million shares, or about 37% of float, which would take 28 days to cover based on Sana's average daily trading volume. Short interest in Editas Medicine , a clinical stage biotech company using gene editing technology for rare diseases, jumped about 8% to 20.6 million shares, or about 30% of float.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock futures are up slightly as Wall Street looks to build on winning week: Live updatesStock futures are up slightly as Wall Street looks to build on winning week
Read more »
Wall Street is thirsty for its next big investment opportunity: The West's vanishing waterCritics accuse Greenstone — a subsidiary of the East Coast financial services conglomerate MassMutual — of trying to profit off Cibola's most precious and limited resource: water.
Read more »
First Citizens Buys Silicon Valley BankFirst Citizens, one of the nation's biggest regional banks, is acquiring all of failed Silicon Valley Bank’s deposits, loans and branches. See the potential biases and similarities in reports from wsj, bloomberg and foxbusiness:
Read more »
Walgreens revenue rises despite sharp decline in demand for Covid tests, vaccinesWalgreens' quarterly results topped Wall Street's expectations, even as profit declined from a year earlier.
Read more »
Problems with Colorado IDs at TSA Are Driving Travelers Up a WallTravelers with Colorado IDs are getting hit with delays at airports as TSA scanners are having a hard time processing the state's licenses.
Read more »
Wall St off session highs as investors weigh bank risks after SVB dealWall Street's main indexes cut gains on Monday as investors assessed risks to the banking sector following a buyout deal for Silicon Valley Bank's assets, while a rise in Treasury yields pressured rate-sensitive technology and other growth stocks.
Read more »