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Vertex Pharmaceuticals's VRTX short percent of float has risen 5.42% since its last report. The company recently reported that it has 4.50 million shares sold short , which is 1.75% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.52 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling 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: List of the most shorted stocks Vertex Pharmaceuticals Short Interest Graph (3 Months) As you can see from the chart above the percentage of shares that are sold short for Vertex Pharmaceuticals 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. Comparing Vertex Pharmaceuticals's Short Interest Against Its Peers 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 Benzinga Pro , Vertex Pharmaceuticals's peer group average for short interest as a percentage of float is 5.14%, 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? This post by Benzinga Money explains how you can profit from it. This article was generated by Benzinga's automated content engine and was reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Five days after Bruins firing, Montgomery named NHL Blues coach
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NEWCASTLE’S fine form came to a screeching halt as West Ham pulled one out of the bag to potentially save Julen Lopetegui’s job. Eddie Howe’s side could have climbed into the top six with a win over the struggling Hammers. But Tomas Soucek and Aaron Wan-Bissaka came up trumps to stun the Toon and earn a huge win for their under-pressure boss to lift them six points from safety. Toon started fast and Isak had the ball in the net after peeling off the last man and dinking it over Lukasz Fabianski only for an offside flag to ruin the party. But the Hammers knocked the stuffing right out of them in the tenth minute. Soucek was given the freedom of St. James’ as he escaped Lloyd Kelly, in for the suspended Dan Burn, and headed home Emerson Palmieri’s outswinging corner. This was not part of the script, but it was just the start Spaniard Lopetegui had dreamed about. And he was kicking every ball in his technical area throughout an animated first half performance that led to him being booked for dissent by referee Craig Pawson. That was his third caution of the campaign and he’ll now have to serve a touchline ban and miss Arsenal’s visit on Saturday. Not that he cared one jot at the time as he continued to bark orders at his side while Toon could only muster a curling effort from Joe Willock that went wide. FOOTBALL FREE BETS AND SIGN UP DEALS It was all feeling rather flat from those in Black and White and it could have gotten even worse as the visitors nearly doubled their advantage when Carlos Soler, replacing Guido Rodriguez, shot round the post. Despite needing a new passport following his drama in the international break returning from Ghana, the tireless Michail Antonio was left requiring a shirt here. After what seemed like his 100th tussle with the defence, he emerged with a huge rip right down the middle of his jersey, and he revelled in the minute or so it took for him to change it while the game was stopped. Longstaff headed straight at Fabianski while Lewis Hall’s drive and shot got the locals back off their seats. But both Anthony Gordon and Isak blew chances to go in level at the break. The England winger capitalised on Jean-Clair Todibo’s poor clearance inside the area. However, his strike was saved by the leg of the Hammers goalie before the striker’s had an effort deflected wide. Harvey Barnes came on for Willock at the break and teed up Gordon to drag an effort off target. But any momentum was soon cut-short as West Ham doubled their lead eight minutes after the restart. Lucas Paqueta won the ball back and Jarrod Bowen broke and found Wan-Bissaka on the underlap, and the ex-Manchester United full-back took a touch before firing across goal and into the far corner. Pope then saved from Bowen as things threatened to get worse before Sandro Tonali and Jacob Murphy came on along with Callum Wilson, making his first appearance of the season after injury. But even that trio could not conjure up some magic for the Magpies, despite the returning forward being convinced he should have had a penalty when bundled over by Konstantinos Mavropanos. That leaves them sat in tenth, while Lopetegui lives to fight another day at West Ham.peterschreiber.media/iStock via Getty Images Jumia (NYSE: JMIA ) has long been touted as the "Amazon of Africa," though the stock's volatility over the years appears to be telling a different story. While the company has seen strong periods of success, becoming the next Amazon Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
MC polls: With 4 Oppn, 2 independent councillors’ support, AAP gains majority in Jalandhar
...To Feature Afrobeat Stars Olamzzy, Portable, and Olamide Empire Global Entertainment, under the leadership of Mr. Mcthomas Femi, is excited to announce an upcoming European tour featuring rising Afrobeat star Olamzzy, Portable the street hip hop singer and Olamide popularly known as Baddo. The tour, set to commence in March 2025, will include performances in major cities across Europe, showcasing Olamzzy’s and Portable dynamic talent and bringing Afrobeat rhythms to a global audience. “We are thrilled to present Olamzzy to international audiences,” said Mr. Femi. “This tour represents our commitment to promoting African music and culture worldwide.” Olamzzy will shared that same stage and also will perform alongside the best Nigerian rapper Olamide Baddo. Olamzzy, known for his vibrant performances and unique sound, has rapidly gained popularity and is poised to become a significant figure in the global music scene. Tour dates and ticket information will be available on Empire Global Entertainment’s official website and social media platforms.After emerging as the single largest party with 38 councillors in the recently concluded Jalandhar municipal corporation elections, the Aam Aadmi Party (AAP) gained the support of five newly-elected councillors of other political outfits to gain a majority in the 85-member House. Two newly-elected Congress councillors along with one from the BJP and two independents pledged support to AAP on Monday. “Two Congress councillors, two independent and one from BJP have formally joined the party in the presence of senior leaders. With this, the Aam Aadmi Party has now achieved the majority figure in the municipal corporation. Now, the path is clear for the AAP to elect its mayor in the Jalandhar MC,” minister Mohinder Bhagat said. Late in the evening, another BJP councillor from Ward number 41 Shabbam joined AAP. The Congress won 25 wards, while 19 seats went into the kitty of the Bharatiya Janata Party (BJP). Two seats were won by independent candidates, while Bahujan Samaj Party (BSP) remained victorious on one seat. The development comes as three cabinet ministers—Harbhajan Singh ETO, incharge for Jalandhar MC elections, Ravjot Singh and Mohinder Bhagat held close door meetings with the newly elected councillors of the opposition parties. Among those who extended support to AAP include the Congress councillor from ward number 47 Manmeet Kaur, BJP councillor from ward number 63 Sulekha Bhagat, an independent councillor from ward number 46 Tarsem Lakhotra and Seema Rani, councillor from ward number 81. Congress’ Parveen Wason, who defeated Anita Raja, wife of former mayor Jagdish Raja, from ward number 65, also joined the AAP. “All six councillors formally joined the AAP and assured their full support to the party in the corporation,” Bhagat added. The Congress alleged horse-trading by the ruling AAP. Jalandhar Congress committee president Rajinder Beri said after being rejected by the people of Jalandhar, the AAP has resorted to horse-trading and offering lucrative offers to the councillors of opposition parties to acquire the majority. “We are surely going to take stringent action against the councillors from Congress for ditching and back-stabbing the party. We will seek formal resignation of those who joined AAP after winning on Congress ticket,” Beri said.ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have handed out $40,000 in fines to two sportsbooks and a tech company for violations that included taking bets on unauthorized events, and on games that had already ended. In information made public Monday, the New Jersey Division of Gaming Enforcement fined DraftKings $20,000. It also levied $10,000 fines on Rush Street Interactive NJ and the sports betting technology company Kambi. According to documents released by the state, Rush Street accepted 16 bets worth $1,523 in Nov. 2021 on a college basketball game between the University of North Carolina-Asheville and Tennessee Tech University after the game had already concluded with a UNC victory. Kambi told the enforcement division that a trader had failed to manually remove that game from its betting markets, saying it had stopped receiving messages from its own sports data provider due to a network connectivity error. Kambi said it has updated its guidelines and retrained its traders to prevent a recurrence. Kambi, which is based in Malta, did not immediately respond to a message seeking comment Monday. Rush Street declined comment, and DraftKings had no immediate comment Monday. DraftKings stopped using Kambi in 2021. In March 2022 Rush Street took seven bets totaling just under $2,900 on three Magic City Jai Alai games after the results were already known. Kambi told the division it experienced a connectivity issue that allowed the bets to be accepted after the games were over. An explanation of what Kambi did to address the situation was blacked out in documents released by the division. A month earlier Rush Street took 13 wagers worth $8,150 with pre-match odds on a Professional Golf Association match after the event had already begun. In this case, Kambi told the division a newly hired trader failed to enter the correct closing time time for bets on the event. The trader and a supervisor underwent retraining. DraftKings was fined for taking bets on unapproved events including Russian basketball for nine months in 2020 and 2021. It eventually voided over $61,000 in bets and returned the money to customers after being directed to do so by the state. In this case, Kambi told the division it misidentified this particular Russian basketball league as one that was approved for wagering in New Jersey. DraftKings told the state it did not catch the error, either. In 2020, DraftKings accepted 484 wagers on unapproved table tennis matches. Kambi incorrectly enabled the events for wagering without conditions required by the state, the division said. In Feb. 2022, the division said DraftKings took pre-season NFL bets involving specific players but did not give the state specific information on what information was to be included in the bets, drawing 182 wagers worth nearly $7,000 that were later voided and refunded to customers. Follow Wayne Parry on X at www.twitter.com/WayneParryAC
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