Dear Readers,

Markets started the week on a quieter note after a streak of record-breaking sessions, signaling a momentary pause in the recent rally.

The pause comes in the wake of the Federal Reserve's recent comments, confirming a potential ease in interest rates for the current year, a move that has been a significant tailwind for the market, particularly for tech stocks in the midst of an AI-driven surge. Investor confidence seems to be holding steady, staying above average, as shown in the American Association of Individual Investors Sentiment Survey, signaling that the bullish sentiment is still in play.

Looking ahead, the markets are set to decipher future economic cues from the February personal consumption expenditures price index, a measure heavily favored by the Fed to gauge inflation, expected to be publicized on Friday morning. With Good Friday marking a pause, the markets are anticipated to fully digest and react to these insights the following Monday.

Top Movers: Under $10

Altamira Therapeutics Ltd. (CYTO) is up 29.06% today to trade at the current level of $2.22. This comes after the company announced a collaboration with Univercells Group on Nanoparticle-Delivered mRNA Vaccines.

MAIA Biotechnology, Inc. (MAIA) zoomed 25.43% in today’s trade to $2.64 after announcing share purchase by Director Stan Smith, PhD in a $2.9 million private placement.

In current trading, Sagimet Biosciences Inc. (SGMT) stock is at $21.51. The company announced the appointment of Tim Walbert and Paul Hoelscher to its Board of Directors.

GrowGeneration Corp. (GRWG) rose 16.82% in the early hours of today's trading to move at $2.60 following the announcement of the share repurchase program.

In the current trading session, ESS Tech, Inc. (GWH) jumped 13.70% to $0.70 after announcing that its Energy Center product line has passed rigorous testing and meets the requirements for the highest level of IEEE 693 certification, a widely-accepted seismic rating for energy infrastructure.

Ex-Dividends Stocks

Clipper Realty Inc (CLPR) is about to trade ex-dividend tomorrow, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company's next dividend payment will be $0.1 per share. It has fixed March 27 as the record date for the same and will pay the actual dividend on April 04. Last year, the company distributed a total of $0.29 to its shareholders. Based on the last year's worth of payments, CLPR has a trailing yield of 6.10% on the current stock price of $4.67.

Another stock that is shelling out dividends tomorrow is Prospect Capital Corporation (PSEC), having a market capitalization of $2.30B. It will pay a dividend of $0.06 per share, the payment date of which is April 18. Currently, the stock is trading at a trailing dividend yield of 13.01%.

Shares of Mercer International Inc. (MERC) will be the talk of stock market on Tuesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.07 per share, and in the last 12 months, it paid a total of $0.30 per share. Last year's total dividend payments show that MERC has a trailing yield of 3.07% on the current share price of $9.76.

Tomorrow, Korn Ferry (KFY) is also set to go ex-dividend tomorrow. The next dividend payment from KFY will amount to $0.33 per share. March 27 has been designated as the record date for this dividend, with the actual payout scheduled for April 15. In the previous year, KFY distributed a total of $0.84 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for KFY stands at 1.30% based on the current stock price of $64.77.

BRT Apartments Corp (BRT) will be paying out a dividend of $0.25 per share to shareholders holding their shares as of the close of the business hours on the record date of March 27. Over the past 12 months, BRT has paid out a total of $0.75 per share in dividends. Based on the total dividends paid out last year, BRT boasts an impressive trailing yield of 4.55% on the current share price of $16.49.

Crypto Market Highlights

• TrueFi launches Trinity protocol to boost capital efficiency of on-chain real-world assets with dollar-based TRI token.

• ANZ and Chainlink Labs collaborate to bridge Avalanche and Ethereum blockchains for on-chain settlement solutions.

• CommEx, successor to Binance in Russia, announces closure and halts deposits.

• Hong Kong's SFC issues alert against suspicious trading platform HKCEXP.

• Philippines' financial regulator to block local access to Binance over unlicensed operations concerns.

Most Shorted Stocks

Lovesac Company (LOVE) was one of the most shorted stocks as of latest short interest figures, with 26.61% short interest. The days to cover ratio, a measure of how long it would take for all the short positions to be covered based on average trading volume, is 12.5. This represents a change of 10000 shares, which corresponds to a +0.28% increase in short interest. The total value of the shares held short is estimated to be around $77.4 million. The average daily volume stands at 236.73K shares, and the market capitalization of the company is $333.96M.

The Guess Inc. with the symbol GES currently has a short interest of 27.00%. The short interest has changed by 90000 shares. The days to cover ratio stands at 8.6. The estimated value of the shares held short is approximately $217.76 million. On an average day, 969.59K shares are traded, with the company's market capitalization totaling $1.60B.

For the stock Stem Inc (STEM), the current short interest is at 26.86%. This represents a significant short interest change of -370000 shares, corresponding to a short interest percentage decrease of -0.93%. The days needed to cover the short positions amount to 8.5. The approximate worth of the shares held short is $80.23 million.

With the symbol RVLV, the stock currently has a short interest of 15.06%. The short interest change is 210000 shares, compared with a short interest percentage change of +2.01%. It would take approximately 8.5 days to cover all the short positions. The shares short value is estimated to be around $778.34 million. The company boasts an average daily volume of 1.15M shares, contributing to a market capitalization of $1.40B.

The stock SAVA has a current short interest of 28.91%. The short interest percentage has experienced decrease of -3.74% while there was a change of -440000 shares in short interest. The ratio indicating the time required to cover short positions is 11.4. The calculated worth of the shorted shares amounts to around $216.93 million. Trading activity averages at 714.73K shares per day, while the company's market capitalization stands at $879.72M.

Energy Stocks to Watch

NeOnc Technologies Holdings, Inc. (NTHI) is all set for its debut on the NASDAQ exchange on March 27. They are offering shares in the price range of $11.25 to $13.75. With a total of 6,000,000 shares available, the company aims to raise approximately $75.00M through this IPO.

Mobile-health Network Solutions (MNDR) will be entering the market with its IPO on March 27, on the NASDAQ exchange. They are offering shares in the price range of $4.00 to $5.00. They plan to offer 2,250,000 shares, targeting a deal size of $10.13M.

Boundless Bio, Inc. (BOLD) is also scheduled to make its debut on the NASDAQ exchange on March 28. They are offering shares in the price range of $15.00 to $17.00. The IPO includes 6,250,000 shares, aiming for a deal size of $100.00M.

Alta Global Group Limited (MMA) is set to join the NYSEAMERICAN on March 28. They are offering shares in the price range of $4.00 to $6.00. They are offering 1,300,000 shares, with an estimated deal size of $6.50M.

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