Dear Readers,

On Tuesday, stock markets remained mostly unchanged as investors analyzed fresh inflation data, seeking hints about potential shifts in Federal Reserve monetary policy.

As of 11:57 AM ET, the Dow was up 127.5391 points, or 0.3503%, at $36532.47. The Nasdaq Composite added 43.2168 points, or 0.2664%, at $16264.951. The S&P 500 rose 4.3999 points, or 0.0952%, at $4626.84. Among the 11 major S&P 500 sectors, 7 showed negative movement, with Utilities leading the way with a -0.78% decrease. 

Investor focus now shifts to the Fed's impending policy announcement scheduled for Wednesday at 2 p.m. ET. The expectation prevails that the central bank will maintain steady rates, but attention will be on Chair Jerome Powell's remarks for clues about potential future rate adjustments.

Tech behemoth Oracle witnessed a 9% decline as its fiscal second-quarter revenue fell short of Wall Street estimates. Meanwhile, retailer Macy's faced a nearly 4% setback following a downgrade to sell from Citi on Tuesday.

Top Movers: Under $10

C4 Therapeutics Inc (CCCC) is up 71.18% today to trade at the current level of $2.02. This comes after the company announced license and research collaboration with Merck to discover and develop Degrader-Antibody Conjugates (DACs).

Aditxt Inc (ADTX) zoomed 63.42% in today’s trade to $6.21 following the signing of a definitive agreement with Evofem Biosciences, Inc. (EVFM) under which Aditxt is to acquire Evofem.

In current trading, Candel Therapeutics Inc (CADL) stock is at $1.15 following news the receipt of FDA fast track designation for CAN-2409 in Pancreatic Cancer.

Petros Pharmaceuticals Inc (PTPI) rose 26.40% in the early hours of today's trading to move at $1.47 after announcing the completion of important study in effort to make STENDRA(R) (avanafil) the first Erectile Dysfunction Medication to Achieve OTC Status.

In the current trading session, Agenus Inc (AGEN) jumped 17.00% to $0.80 over a previous close of $0.68 after receiving $25 million milestone payment from Bristol Myers Squibb for TIGIT-CD96 Bispecific Program.

Ex-Dividends Stocks

Valley National Bancorp (VLY) 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 $0.11 per share. The company has fixed December 14 as the record date for the same and will pay the actual dividend on January 03. Last year, the company distributed a total of $0.44 to its shareholders. Based on the last year's worth of payments, VLY has a trailing yield of 4.49% on the current stock price of $9.81.

Another stock that is shelling out dividends tomorrow is ADT Inc (ADT), having a market capitalization of $5.94B. It will pay a dividend of $0.04 per share, the payment date of which is January 09. Currently, the stock is trading at a trailing dividend yield of 2.17%.

Shares of Camping World Holdings Inc (CWH) will be the talk of stock market on Wednesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.12 per share, and in the last 12 months, the company paid a total of $0.55 per share. Last year's total dividend payments show that CWH has a trailing yield of 2.31% on the current share price of $23.85.

HCA Healthcare Inc (HCA) is also set to go ex-dividend tomorrow. The next dividend payment from HCA will amount to $0.6 per share. December 14 has been designated as the record date for this dividend, with the actual payout scheduled for December 28. In the previous year, HCA distributed a total of $2.39 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for HCA stands at 0.91% based on the current stock price of $262.69.

MDU Resources Group Inc (MDU) will be paying out a dividend of $0.12 per share to shareholders holding their shares as of the close of the business hours on the record date of December 14. Over the past 12 months, MDU has paid out a total of $0.74 per share in dividends. Based on the total dividends paid out last year, MDU boasts an impressive trailing yield of 3.84% on the current share price of $19.35.

Crypto Market Highlights

Most Shorted Stocks

B. Riley Financial Inc (RILY) was one of the most shorted stocks as of latest short interest figures, with 52.58% 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 10.3. This represents a change of 2010000 shares, which corresponds to a +30.69% increase in short interest. The total value of the shares held short is estimated to be around $204.93 million. The average daily volume stands at 854.49K shares, and the market capitalization of the company is $732.24M.

The Asset Entities Inc with the symbol ASST currently has a short interest of 45.37%. The short interest has changed by 928200 shares. The days to cover ratio stands at 0.8. The estimated value of the shares held short is approximately $0.48 million. On an average day, 1.25M shares are traded, with the company's market capitalization totaling $6.98M.

For the stock Beyond Meat Inc (BYND), the current short interest is at 44.71%. This represents a significant short interest change of -670000 shares, corresponding to a short interest percentage decrease of -2.40%. The days needed to cover the short positions amount to 10.5. The approximate worth of the shares held short is $291.86 million.

With the symbol UPST, the stock currently has a short interest of 43.66%. The short interest change is -1030000 shares, compared with a short interest percentage change of -3.16%. It would take approximately 4.9 days to cover all the short positions. The shares short value is estimated to be around $979.74 million. The company boasts an average daily volume of 6.50M shares, contributing to a market capitalization of $3.06B.

The stock TRUP has a current short interest of 41.81%. The short interest percentage has experienced increase of +5.32% while there was a change of 660000 shares in short interest. The ratio indicating the time required to cover short positions is 19.3. The calculated worth of the shorted shares amounts to around $908.41 million. Trading activity averages at 682.92K shares per day, while the company's market capitalization stands at $1.20B.

EV Stocks to Watch

According to our ST Score evaluation, Honda Motor ADR (HMC) emerges as a high-quality stock in the EV industry, attaining an impressive score of 61.0. The stock's valuation, profitability, performance, and Piotroski Score are strong. However, its growth, and financial strength are weak. Additionally, it is neutral in terms of stock sentiment, and forecast.

Our ST Score also classifies Skyworks Solutions, Inc. (SWKS) as a high-quality EV stock today, presenting a Score of 61.0. The stock has strong fundamentals in terms of profitability, performance, stock sentiment, and Piotroski Score. However, it has weak growth. The value, financial strength, and forecast are neutral.

Another stock in the category, Cirrus Logic, Inc. (CRUS) has the ST Score of 60.0, which means that the stock carries the potential for higher returns. The stock is strong in profitability, financial strength, stock sentiment, and Piotroski Score but weak in value, and growth. Performance, and forecast suggest a neutral outlook.

NXP Semiconductors NV (NXPI) stock has the ST Score of 58.0 which implies that the EV company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, stock sentiment, and Piotroski Score, but its weaknesses are in its growth, and financial strength. However, it shows neutral outlook in value, and forecast.

Alphabet Inc (GOOG) currently has the ST Score of 58.0, which signifies a huge upward potential. The EV stock's strong points are its profitability, performance, stock sentiment, and Piotroski Score, while its weak points are its value. The stock's growth, financial strength, and forecast indicate a neutral outlook.