Energy Watch: High-Flyers & Sub-$10 Stocks on the Move

U.S. stocks fell sharply on Friday as investors reacted to weaker-than-expected jobs data, fresh tariff announcements, and key earnings from tech giants Amazon and Apple. The Dow Jones Industrial Average dropped 480 points (1.1%), the S&P 500 fell by 75 points (1.2%), and the NASDAQ Composite declined 335 points (1.6%), marking a volatile end to the trading week.

The Labor Department’s July jobs report showed the economy added just 73,000 jobs—well below forecasts—while the June figure was drastically revised down to 14,000. The unemployment rate ticked up to 4.2%. These figures come as the Federal Reserve held interest rates steady for a fifth straight meeting, while facing pressure to cut. At the same time, newly announced tariffs—some as high as 50%—on countries including Brazil, Canada, and key U.S. trading partners are raising fresh concerns about inflation and global trade tensions.

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Top Movers: Under $10 

Performant Healthcare Inc (PHLT) is up 114.08% today to trade at the current level of $7.6. This comes after the company announced its entry into a definitive agreement to be acquired by Machinify, which has agreed to acquire Performant for approximately $670 million.

Tenon Medical Inc (TNON) zoomed 74.51% in today’s trade to $1.78 after announcing that it has acquired sacroiliac (SI) joint specific assets from SiVantage, a privately held startup company based in Tampa, Florida.

In current trading, I-Mab ADR (IMAB) stock is at $3.07 after announcing the pricing of $65 million underwritten offering of American Depositary Shares.

BioXcel Therapeutics Inc (BTAI) rose 18.37% in the early hours of today's trading to move at $1.55 after announcing the completion of the last patient last visit (LPLV) in the pivotal Phase 3 SERENITY At-Home clinical trial.

In the current trading session, Safety Shot Inc (SHOT) jumped 15.46% to $0.91 over a previous close of $0.79 after announcing the appointment of Markita L. Russell as its new Chief Financial Officer.

Ex-Dividend Stocks

Citizens & Northern Corp (CZNC) is about to trade ex-dividend Monday, meaning that investors who buy the stock after Monday will not be eligible for the next dividend payment. The company's next dividend payment will be $0.28 per share. It has fixed August 04 as the record date for the same and will pay the actual dividend on August 15. Last year, the company distributed a total of $1.12 to its shareholders. Based on last year's worth of payments, CZNC has a trailing yield of 6.02% on the current stock price of $18.59.

Another stock that is shelling out dividends on Monday is Eagle Financial Services, Inc (EFSI), having a market capitalization of $176.14M. It will pay a dividend of $0.31 per share, the payment date of which is August 15. Currently, the stock is trading at a trailing dividend yield of 3.76%.

Shares of East West Bancorp, Inc (EWBC) will be the talk of the stock market on Monday as the stock will turn ex-dividend. The company's next dividend payment will be $0.6 per share, and in the last 12 months, it paid a total of $2.30 per share. Last year's total dividend payments show that EWBC has a trailing yield of 2.35% on the current share price of $97.67.

Five Star Bancorp (FSBC) is also set to go ex-dividend on Monday. The next dividend payment from FSBC will amount to $0.2 per share. August 04 has been designated as the record date for this dividend, with the actual payout scheduled for August 11. In the previous year, FSBC distributed a total of $0.80 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for FSBC stands at 2.71% based on the current stock price of $29.48.

Smart Sand Inc (SND) will be paying out a dividend of $0.1 per share to shareholders holding their shares as of the close of the business hours on the record date of August 04. Over the past 12 months, SND has paid out a total of $0.1 per share in dividends.

Crypto Market Highlights

UK's FCA lifts retail ban on crypto ETNs, allowing broader investor access to cryptocurrency exchange-traded notes.

Tether becomes the 18th-largest holder of U.S. Treasurys, surpassing South Korea, according to its latest attestation report.

The Hashgraph Group launches “IDTrust”, a blockchain-based self-sovereign identity platform for individuals and institutions.

Japan’s Metaplanet plans to raise $3.73 billion via stock offering to fuel its aggressive Bitcoin accumulation strategy.

Andreessen Horowitz urges U.S. lawmakers to revise crypto bill, warning it could create loopholes and weaken investor protections.

Most Shorted Stocks

Asset Entities Inc (ASST) was one of the most shorted stocks as of the latest short interest figures, with 24.17% 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 0.2. This represents a change of 280000 shares, which corresponds to a +8.51% increase in short interest. The total value of the shares held short is estimated to be around $18.35 million. The average daily volume stands at 16.47M shares, and the market capitalization of the company is $51.85M.

The New Fortress Energy Inc with the symbol NFE currently has a short interest of 32.72%. The short interest has changed by 7250000 shares. The days to cover ratio stands at 4.8. The estimated value of the shares held short is approximately $257.46 million. On an average day, 12.79M shares are traded, with the company's market capitalization totaling $788.32M.

For the stock Array Technologies Inc (ARRY), the current short interest is at 19.00%. This represents a significant short interest change of 8600000 shares, corresponding to a short interest percentage increase of +42.47%. The days needed to cover the short positions amount to 3.6. The approximate worth of the shares held short is $197.05 million.

With the symbol SONN, the stock currently has a short interest of 1.32%. The short interest change is -19600 shares, compared with a short interest percentage change of -32.24%. The shares' short value is estimated to be around $2.78 million. The company boasts an average daily volume of 3.78M shares, contributing to a market capitalization of $18.73M.

Energy Stocks to Watch

According to our ST Score evaluation, Dynagas LNG Partners LP (DLNG) emerges as a high-quality stock in the Energy industry, attaining an impressive score of 63. The stock's profitability, financial strength, and Piotroski Score are strong. However, its performance and growth are weak. Additionally, it is neutral in terms of stock sentiment, and forecast.

Our ST Score also classifies Imperial Petroleum Inc (IMPP) as a high-quality Energy stock today, presenting a Score of 61. The stock has strong fundamentals in terms of profitability, growth, financial strength, and Piotroski Score. The performance, stock sentiment, and forecast are neutral.

Another stock in the category, Nacco Industries Inc (NC) has the ST Score of 61, which means that the stock carries the potential for higher returns. The stock is strong in performance, growth, and Piotroski Score. Profitability, financial strength, stock sentiment, and the forecast suggest a neutral outlook.

Delek Logistics Partners LP (DKL) stock has the ST Score of 60 which implies that the Energy company has a high probability of beating the market. The stock's strengths lie in its performance, growth, financial strength, and Piotroski Score. However, it shows neutral outlook in profitability, stock sentiment, and forecast.

PEDEVCO Corp (PED) currently has the ST Score of 59, which signifies a huge upward potential. The Energy stock's strong points are its profitability, financial strength, and Piotroski Score. The stock's performance, growth, stock sentiment, and forecast indicate a neutral outlook.

That's it for today. Thanks for reading. Good luck out there!

Best Regards,

Stocks Telegraph Team

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