ORTEXORTEX News

Articles

All articles23483 total

Earnings Season Kicks Off This Week

Progressive headlines today's calendar. The US insurer reports earnings on September 18. Its $126 billion market cap makes it the biggest confirmed release of the day. VinFast Auto also reports today after the close.…

1 min read

Scotiabank Sweeps REIT Targets Lower

Scotiabank analyst Nicholas Yulico cut price targets across seven real estate investment trusts on Thursday. Every change came with a downgrade in recommendation. The sweep covered residential, retail, and office…

1 min read

Uber COO Goes Shopping, Cybin Directors Follow

Uber Technologies' President and COO Andrew Gordon MacDonald filed a significant open-market purchase this week. He bought roughly 70,000 shares for a combined $5.3 million, with the filing reported on September 8.…

1 min read
CI
ConfluenceCIB

JP Morgan Pulls Back on CIB as Short Sellers Circle

JP Morgan's downgrade of CIB has coincided with a notable build in short positions. The Colombian bank's NYSE-listed shares now sit at $98.23 — below both analyst targets and the stock's own recent highs. The same JP…

1 min read
RC
ConfluenceRCL

RCL Options Hit 52-Week Low PCR as Shorts Rise

Options traders are turning the most bullish on RCL in a year. The put-call ratio dropped to 1.21 on September 17 — the lowest reading in 52 weeks. That compares to a 20-day mean of 1.34 and a 52-week high of 2.08.…

1 min read

Bears Pile Into Gunmaker, Flee Pet Retailer

Short sellers made sharp moves this week. The data shows a clear divide: bears doubled down on some names while covering hard in others. SWBI saw the most striking shift among mid-caps. Smith & Wesson's SI % of free…

1 min read
SM
ConfluenceSMFG

SMFG Borrow Market Hits Annual Low as Cost Jumps 369%

Why this matters: The lending market for SMFG just crossed a threshold that directly restricts the ability to open new short positions. Availability has collapsed to 1.6% — the tightest reading in 52 weeks — while cost…

1 min read
FB
ConfluenceFBRT

BTIG Cuts FBRT to Neutral as Short Sellers Pile In

BTIG downgraded FBRT to Neutral this morning — and the timing lands amid a sharp build in short positioning. Analyst Thomas Catherwood dropped his Buy rating with no new price target, as short interest has climbed 46%…

1 min read

Earnings Season Heats Up This Week

Progressive Corporation kicks off the action today. The insurer reports earnings with a market cap of $126 billion. It is the biggest confirmed name on the calendar for Thursday. Also reporting today is VinFast Auto.…

1 min read

Scotiabank Sweeps REIT Targets Lower

Scotiabank analyst Nicholas Yulico trimmed price targets across seven real estate investment trusts on Thursday. The cuts were modest but broad, hitting residential and commercial landlords alike. MAA — Mid-America…

1 min read

Director Dumps $411M in NVIDIA; Gates Loads Up on Waste Giant

An NVIDIA board director filed a cluster of large stock sales in early September. Mark A. Stevens, an independent director, sold over 1.84 million shares between August 31 and September 2. The transactions totalled…

1 min read

Bears Pile Into Lucid, Hertz; Chewy Shorts Deepen

Short sellers stepped up bets against several mid-cap names this week. LCID saw the biggest jump among notable stocks. Short interest hit 50.1% of free float, up 14.6 percentage points in seven days. Shares to borrow…

1 min read

Bonds Lead as Tech ETFs Face Selling

Fixed Income claimed the top spot this week. Bond ETFs pulled in $34.6B net, edging ahead of equities in flow terms. That marks a meaningful shift. Over three months, equities dominate with $553B net versus bonds at…

1 min read

Bears Rule EVs, Bulls Chase Tech, REITs Feel the Heat

Short sellers are piling hardest into electric vehicle names. LCID short interest hit 50.1% of free float this week — up 14.6 points in seven days. HTZ sits at 67.2% short interest after falling 63% over three months.…

1 min read

Bulls Pile In Where Bears Fear to Tread

Options markets are sending mixed signals this September — with pure call-side dominance on large-caps clashing against heavy bearish flow on beaten-down names. A sweep of ORTEX options sentiment data shows 100%…

1 min read

Earnings Flood: Auto, Retail, Housing Hit

Progressive kicks off the week today. The $126B insurer reports Q3 figures. Markets watch for catastrophe claims data after a busy storm season. Also today, Vietnamese EV maker VinFast delivers results after the close.…

1 min read

Scotiabank Sweeps REITs; Ciena Targets Climb

Scotiabank analyst Nicholas Yulico cut price targets across six US REITs on Thursday. The move hit residential and commercial landlords alike. UDR dropped to a $38 target from $41. Mid-America Apartment Communities saw…

1 min read

Bears Double Down on Lucid and Hertz

Short sellers are making bold moves this week. LCID tops the movers list with SI % of Free Float jumping to 50.1%, up 14.6 percentage points in just seven days. That's a sharp escalation for the EV maker, which has…

1 min read

Bears Circle Real Estate as Heavy Earnings Week Begins

Real estate stocks face a double squeeze. Scotiabank analyst Nicholas Yulico slashed targets across at least seven names in one sweep. MAA took the sharpest blow — downgraded to Sell with a $125 target. UDR, INVH, SPG,…

1 min read