First Trust Indxx Global Natural Resources Income ETF (NASDAQ: FTRI)

Dernières nouvelles pour First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

First Trust Indxx Global Natural Resources Income ETF

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Energy

Consumer Defensive

Other

Industrials

Utilities

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is a free float adjusted market capitalization weighted index designed to measure the market performance of the 50 highest dividend yielding companies involved in the upstream segment of the natural resources sector. The fund is non-diversified.

Canadian Natural Resources Ltd

Freeport-McMoran Copper & Gold Inc

American Water Works Co. Inc.

Weyerhaeuser Co.

Ecopetrol Sa Adr

Bunge Global Sa

Inpex Corp Common Stock

Cf Industries Holdings Inc.

Veritex Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBTX#NASDAQ">VBTX</a>) reported quarterly earnings of $0.59 per share which beat the analyst consensus estimate of $0.55 by 7.27 percent. The company reported quarterly sales of $113.168 million which beat the analyst consensus estimate of $110.240 million by 2.66 percent. This is a 3.79 percent increase over sales of $109.035 million the same period last year.

Earnings

Earnings Beats

News

VBTX

Veritex Holdings Q3 2024 Adj. EPS $0.59 Beats $0.55 Estimate, Sales $113.168M Beat $110.240M Estimate

Renasant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNST#NYSE">RNST</a>) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.63 by 11.11 percent. This is a 5.41 percent decrease over earnings of $0.74 per share from the same period last year. The company reported quarterly sales of $220.297 million which beat the analyst consensus estimate of $173.482 million by 26.99 percent. This is a 32.54 percent increase over sales of $166.210 million the same period last year.

RNST

Renasant Q3 2024 Adj. EPS $0.70 Beats $0.63 Estimate, Sales $220.297M Beat $173.482M Estimate

DBV Announces Positive Regulatory Updates for the Viaskin&#xAE; Peanut Patch in the United States and Europe
<ul>
<li>DBV to pursue an Accelerated Approval pathway for toddlers ages 1 – 3 years-old&nbsp;</li>
<li>BLA submission under Accelerated Approval is subject to completion of a six-month supplemental safety study in toddlers to be initiated in Q2 2025</li>
<li>VITESSE Phase 3 study evaluating the Viaskin Peanut patch in children ages 4 – 7 years-old exceeded enrollment goals; Topline results on track for 4Q 2025&nbsp;&nbsp;</li>
<li>European Medicines Agency (EMA) scientific advice confirms registration path for a Marketing Authorization Application (MAA) with the modified Viaskin peanut patch for a 1 – 7 year-old indication in Europe</li>
<li>Company to host investor conference call at 5:00pm ET today &nbsp;</li>
</ul>
DBV Technologies (TRQX:<a href="https://www.benzinga.com/stock/DBVp#TRQX">DBVp</a>), a clinical-stage biopharmaceutical company, today announced positive regulatory updates for the Viaskin Peanut patch in the United States and Europe. DBV has agreed to guidance provided by the U.S. Food and Drug Administration (FDA) on a pathway under the Accelerated Approval Program for the Viaskin Peanut patch in toddlers ages 1 – 3 years-old and has also received scientific advice from the EMA on a 1 – 7 year-old indication in Europe. DBV intends to formalize the Accelerated Approval guidance provided by the FDA via submission of a meeting request.

Biotech

Global

General

DBVT

DBV Announces Regulatory Updates For The Viaskin Peanut Patch In The U.S. And Europe; BLA Submission Under Accelerated Approval Is Subject To Completion Of A 6-Month Supplemental Safety Study In Toddlers To Be Initiated In Q2 2025; VITESSE Phase 3 Study Evaluating The Viaskin Peanut Patch In Children Ages 4 – 7 Years-old Exceeded Enrollment Goals

WIIM

BYND

Beyond Meat shares are trading higher. The stock may be moving up in response to a CDC report linking an E. coli outbreak with McDonald's quarter pounders.

<ul>
<li>First and only respiratory syncytial virus (RSV) vaccine indicated for adults younger than 50</li>
<li>Approval based on data from pivotal Phase 3 trial in adults at increased risk of lower respiratory tract disease caused by RSV</li>
</ul>

Pfizer Says FDA Approved RSV Vaccine ABRYSVO For Adults Aged 18 To 59 At Increased Risk For Disease

Ocean Biomedical, Inc. (NASDAQ: OCEA), today announced that on October 16, 2024, it received a Staff Determination Letter from The Nasdaq Stock Market LLC ("Nasdaq") stating that on April 18, 2024, May 22, 2024, and August 19, 2024, Staff notified the Company that it did not comply with Nasdaq's filing requirements set forth in Listing Rule 5250(c)(1) (the "Rule") because it had not filed its Form 10-K for the year ended December 31, 2024 (the "Form 10-K"), and its Forms 10-Q for the periods ended March 31, 2024 and June 30, 2024 (the "Forms 10-Q"), respectively. Based on its review and the materials submitted on June 17, 2024 and August 27, 2024, Staff granted the Company an exception until October 14, 2024, to regain compliance with the Rule. Upon further review, Staff determined that the Company did not meet the terms of the exception. Specifically, the Company has not filed the either its Form 10-K or Forms 10-Q as required by the Rule. The Company will appeal Staff's determination to a Hearings Panel (the "Panel"), pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series.

OCEA

Ocean Biomedical Announces Receipt Of Nasdaq Staff Determination Letter That It Did Not Comply With Nasdaq's Filing Requirements

Enphase Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) reported third-quarter financial results on Tuesday that came up short of analyst expectations. Here are the main <a href="https://www.benzinga.com/pressreleases/24/10/g41465834/enphase-energy-reports-financial-results-for-the-third-quarter-of-2024">highlights from the quarter</a>.
Q3 Earnings: Enphase Energy reported third-quarter revenue of $380.9 million, missing the&nbsp;<a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus estimate</a>&nbsp;of $391.979 million. The solar company reported adjusted earnings of 65 cents per share, missing analyst estimates of 77 cents per share, according to&nbsp;<a href="http://pro.benzinga.com" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
U.S. revenue increased approximately 43% on a quarter-over-quarter basis due to higher shipments to distributors. Meanwhile, revenues in Europe fell approximately 15% quarter-over-quarter, driven by a &#8220;further softening&#8221; in European demand.
Enphase shipped 172.9 megawatt hours of IQ batteries in the quarter and shipped approximately 1,176,000 microinverters from its contract manufacturing facilities in the U.S. The company also highlighted the launch of its <a href="http://benzinga.com/topic/ai">AI</a>-based software for energy optimization in the quarter.
&#8220;We began shipping IQ8HC microinverters with higher domestic content, produced at our contract manufacturing facilities in the U.S. We expect to begin shipping our commercial microinverters, and batteries with higher domestic content, produced at our U.S. contract manufacturing facilities in the fourth quarter of 2024,&#8221; the company said.
Enphase said it generated&nbsp;$170.1&nbsp;million&nbsp;in cash flow from operations and $161.3 million in free cash flow during the quarter. The company ended the quarter with $1.77 billion in cash, cash equivalents&nbsp;and marketable securities.
Related Link: <a href="https://www.benzinga.com/news/24/10/41454966/this-first-solar-analyst-turns-bullish-here-are-top-5-upgrades-for-tuesday">This First Solar Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday</a>
Outlook:&nbsp;Enphase expects fourth-quarter revenue to be in the range of $360 million to $400 million. The company anticipates third quarter gross margin of 47% to 50%, or 49% to 52% on an adjusted basis.
Management will hold a conference call to further discuss these results with analysts and investors at 4:30 p.m. ET.
ENPH Price Action: <a href="https://www.benzinga.com/quote/ENPH" target="_blank" rel="noreferrer noopener">Enphase shares</a> were down 7.31% in after-hours, trading at $85.20 at the time of publication Tuesday, according to <a href="http://pro.benzinga.com" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/technicals/24/10/41461948/boeing-stock-braces-for-bumpy-q3-landing">Boeing Stock Braces For Bumpy Q3 Landing</a></li>
</ul>
Photo: Courtesy of Enphase Energy.

Guidance

After-Hours Center

Movers

ENPH

Enphase Energy Stock Slides On Q3 Earnings Miss: US Revenue Jumps, European Revenue Falls On 'Further Softening' Demand

Masimo's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MASI#NYSE">MASI</a>) short percent of float has risen 18.66% since its last report. The company recently reported that it has 3.47 million shares sold short, which is 11.83% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.7 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>Masimo Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729629919_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Masimo 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 Masimo'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>, Masimo's peer group average for short interest as a percentage of float is 3.82%, 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

Trading Ideas

MASI

How Is The Market Feeling About Masimo?

Universal Health Servs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UHS#NYSE">UHS</a>) short percent of float has fallen 9.14% since its last report. The company recently reported that it has 1.41 million shares sold short, which is 3.28% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.98 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>Universal Health Servs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729629914_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Universal Health Servs 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 Universal Health Servs'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>, Universal Health Servs's peer group average for short interest as a percentage of float is 5.82%, 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.

Looking Into Universal Health Servs's Recent Short Interest

A recent poll shows that 50% of Utahns now support the legalization of adult-use recreational marijuana, reflecting a significant shift in public opinion. 
The survey, conducted by Noble Predictive Insights for the Utah Patients Coalition, highlights evolving attitudes just six years after the state legalized medical marijuana.&nbsp;
Utah's cannabis market, with its underserved demand due to strict regulations, high prices and limited access, hints at significant untapped potential for investors if rules evolve. 
<ul>
<li>Get Benzinga'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&#8217;t afford to miss out if you're serious about the business.</li>
</ul>
<h3 class="wp-block-heading">Key Poll Findings</h3>
The poll shows that 50% of Utah voters support recreational cannabis legalization, while 38% prefer medical cannabis only and 9% believe it should remain illegal. Younger voters, aged 18-34, overwhelmingly favor legalization at 60%, while only 29% of those over 65 support it.
<h3 class="wp-block-heading">Shifting Attitudes And The Medical Cannabis Program</h3>
Desiree Hennessy, executive director of the Utah Patients Coalition, noted growing acceptance of recreational cannabis. She pointed to the evolution of the medical marijuana program, established after voters approved Proposition 2 in 2018, as part of the shift in attitudes. However, issues like pricing and access still push many patients to seek weed from other states or through illegal markets.
Rep. Jennifer Dailey-Provost <a href="https://www.fox13now.com/news/politics/new-poll-shows-half-of-utahns-now-support-legalizing-recreational-marijuana">emphasized</a> that high prices in Utah's medical program are driving patients elsewhere. She plans to introduce legislation in 2025 to improve pricing transparency for patients.
<h3 class="wp-block-heading">Cannabis Regulations In Utah</h3>
Utah maintains strict regulations on cannabis use, allowing only medical marijuana under the Utah Medical Cannabis Act. Smoking is prohibited, with legal options limited to capsules, tinctures and vaporized products. Penalties for possessing recreational cannabis remain severe, with fines of up to $1,000 for small amounts. Many patients still look to out-of-state sources to escape high costs.
Several companies, including Dragonfly Wellness, the first medical cannabis dispensary in Salt Lake City, are active in Utah's regulated medical cannabis market. Multi-state operators such as Curaleaf (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CURLF#OTC">CURLF</a>), Columbia Care (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CCHWF#OTC">CCHWF</a>), and Bloom Medicinals are also <a href="https://www.benzinga.com/markets/cannabis/24/06/39256426/heres-how-to-enhance-marijuana-therapies-kindlymd-and-curaleaf-collab-provide-more-resources-and">licensed to operate in the state</a>, contributing to the network of 14 medical dispensaries. Utah recently issued its 15th medical cannabis pharmacy license, further expanding its regulated market​. 
Read Also:<a href="https://www.benzinga.com/markets/cannabis/24/10/41348741/why-pennsylvanias-gop-districts-are-embracing-weed-the-cannabis-revolution-you-didnt-see-coming"> Why Pennsylvania&#8217;s GOP Districts Are Embracing Weed: The Cannabis Revolution You Didn&#8217;t See Coming</a>
<h3 class="wp-block-heading">Market Insights For Cannabis Investors</h3>
According to the March 2024 report from the Utah Department of Health and Human Services, Utah&#8217;s medical cannabis market faces a competitive landscape due to <a href="https://www.benzinga.com/markets/cannabis/24/02/37269098/utah-considers-defunding-agencies-that-discriminate-against-medical-marijuana-patients-arizona-w">cross-price pressures from neighboring states </a>with mature adult-use cannabis markets.
As of March 2024, Utah had 83,421 registered medical cannabis patients, primarily treating pain, PTSD, and nausea. Utah's medical market captures 40.13% of cannabis demand, with patients sourcing an average of 4.01 grams per month from medical dispensaries.&nbsp;
However, when it comes to purchasing decisions for medical cannabis in Utah, price is the most important factor for 28% of patients, followed by THC/CBD content at 22%. Price remains a dominant factor, consistently ranking higher than other attributes in patient decision-making. 
Price discrepancies with neighboring states are driving patients to look for other options, with Utah residents willing to pay $12.15 per gram, compared to $8.37 in Colorado and $8.58 in <a href="https://www.benzinga.com/topic/nevada-cannabis">Nevada</a>. Monthly spending averages $109.10, close to the national average.
The <a href="https://ag.utah.gov/wp-content/uploads/2024/04/Utah-Medical-Cannabis-Market-Analysis_2023.pdf">report </a>from the Department of Health and Human Services found that 25.5% of medical cannabis patients traveled out of state for cannabis in the past month, with 58.53% going to<a href="https://www.benzinga.com/topic/colorado-cannabis"> Colorado </a>and Nevada.&nbsp;
Meanwhile, 26.6% of non-patients also traveled out of state for cannabis. There was only a 1.1% difference in travel frequency between medical and non-medical users, with non-patients slightly more likely to travel.
Read Also:<a href="https://www.benzinga.com/markets/cannabis/24/10/41382006/hemp-thrives-in-texas-shops-near-schools-why-this-company-bet-on-the-countrys-most-regulated-can"> Hemp Thrives In Texas Shops Near Schools: Why This Company Bet On The Country&#8217;s Most Regulated Cannabis Market</a>
<h3 class="wp-block-heading">Future Of Recreational Cannabis In Utah</h3>
Despite growing support, Utah's path to recreational cannabis legalization remains uncertain. Dailey-Provost notes that federal descheduling may be necessary before any significant political movement occurs. For now, Utah is surrounded by states with legal recreational markets, which could add pressure for future changes.
Read Next:<a href="https://www.benzinga.com/general/biotech/24/10/41394513/sold-out-before-hitting-shelves-why-did-ayr-wellness-snatch-up-this-local-cannabis-brand"> Sold Out Before Hitting Shelves: Why Did AYR Wellness Snatch Up This Local Cannabis Brand?</a>

Cannabis

Government

Regulations

Retail Sales

CCHWF

CURALEAF HLDGS INC by Curaleaf Hldgs Inc.

CURLF

Is Utah Ready For Legal Weed? Half The State Says Yes -What's The Market Potential?

Macro Economic Events

Econ #s

Economics

API Weekly Crude Oil Stock Build Of 1.643 Barrels Vs Build Of 0.700M Barrel Est.; Draw Of 1.580M Barrels Prior

MTDR

Matador Resources shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY24 production guidance.

WFRD

Weatherford shares are trading higher following Q3 financial results.

Wheels Up Experience Entered Into Agreement To Acquire Grandview Aviation Entire Fleet Of 17  Phenom 300 And Phenom 300E Aircraft At $105M

VICR

Vicor shares are trading higher after the company reported better-than-expected Q3 financial results.

Stride shares are trading higher after the company reported better-than-expected Q1 financial results and issued FY25 and Q2 revenue guidance above estimates.

Peapack Gladstone Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGC#NASDAQ">PGC</a>) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.37 by 16.22 percent. This is a 12.24 percent decrease over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $56.62 million which beat the analyst consensus estimate of $56.25 million by 0.66 percent. This is a 1.34 percent increase over sales of $55.87 million the same period last year.

Peapack Gladstone Finl Q3 EPS $0.43 Beats $0.37 Estimate, Sales $56.62M Beat $56.25M Estimate

FS Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSBW#NASDAQ">FSBW</a>) reported quarterly earnings of $1.29 per share which beat the analyst consensus estimate of $1.14 by 13.16 percent. This is a 14.16 percent increase over earnings of $1.13 per share from the same period last year.

FSBW

FS Bancorp Q3 EPS $1.29 Beats $1.14 Estimate

OCUP

Ocuphire Pharma shares are trading higher after the company announced its new OPGx-LCA5 Phase 1/2 6-month data demonstrated safety and visual improvement in its early onset regional degeneration. Also, the company will seek a strategic partner to continue the development of APX3330.

ANRO

Alto Neuroscience shares are trading lower after the company announced topline results from a Phase 2b trial evaluating ALTO-100 as a treatment for major depressed disorder did not meet its primary endpoint.

First Trust Indxx Global Natural Resources Income ETF declares quarterly distribution of $0.2654

FTRI: Great Dividends From An Unusual Source, A Natural Resources ETF

Resource Sector Considerations For 2024

First Trust Indxx Global Natural Resources Income ETF declares $0.0609 dividend

FTRI: A Potential Inflation Hedge To Consider

First Trust Indxx Global Natural Resources Income ETF declares $0.1896 dividend

Protect Against Geopolitical Risk And Prepare For Rate Cuts

Prepare For Election Outcomes: Views From Our Portfolio Managers

First Trust Indxx Global Natural Resources Income ETF declares quarterly distribution of $0.1605

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