💎💰 Hidden Rockets: The Small Caps Quietly Crushing the Market

U.S. stocks were mixed on Thursday as investors weighed a new U.S.-China trade truce, the Fed’s cautious tone on rate cuts, and anticipation of Big Tech earnings.

The Dow Jones climbed 0.6% after an early dip, the S&P 500 pared losses to -0.2%, and the Nasdaq Composite dropped 0.9%, dragged lower by a decline in Meta (META) shares.

Attention turned to upcoming reports from Apple (AAPL) and Amazon (AMZN) following mixed results from Alphabet, Meta, and Microsoft. Fed Chair Jerome Powell emphasized that a December rate cut is “not a foregone conclusion,” despite this week’s 0.25% rate reduction.

Meanwhile, the Trump–Xi meeting resulted in a one-year trade truce, with the U.S. agreeing to halve fentanyl-related tariffs in exchange for China pausing rare earth export curbs and resuming soybean purchases, providing cautious optimism for markets.

Top Movers: Under $10 

Intensity Therapeutics Inc (INTS) is up 157.48% today to trade at the current level of $0.69. This comes after the company announced that eBioMedicine, a Lancet Discovery Science journal, has published the Company's phase 1/2 IT-01 clinical study manuscript for the treatment of metastatic or refractory cancers.

CPI Aerostructures Inc (CVU) zoomed 49.36% in today’s trade to $3.53 after announcing that it has received an order from Raytheon, an RTX business, to manufacture structural missile wing assemblies for an undisclosed platform.

In current trading, Vivakor Inc (VIVK) stock is at $0.31 following news that its commodities trading platform, Vivakor Supply & Trading (“VST”), in cooperation with its financing wholesaler, initiated its first major commodity transaction.

Jiuzi Holdings Inc (JZXN) rose 19.27% in the early hours of today's trading to move at $0.33 after launching $1 billion Bitcoin treasury with SOLV to drive institutional yields and RWA Innovation.

In the current trading session, VCI Global Ltd (VCIG) jumped 77.78% to $3.2 over a previous close of $1.8. The company reported that its subsidiary, Smart Bridge Technologies, will exclusively issue and manage the XVIQ token, supporting AI, GPU cloud, and real-world asset ecosystems.

Ex-Dividend Stocks

Lifetime Brands, Inc (LCUT) 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 $0.04 per share. It has fixed October 31 as the record date for the same and will pay the actual dividend on November 14. Last year, the company distributed a total of $0.17 to its shareholders. Based on the last year's worth of payments, LCUT has a trailing yield of 4.64% on the current stock price of $3.62.

Another stock that is shelling out dividends tomorrow is Alliant Energy Corp (LNT), having a market capitalization of $17.51B. It will pay a dividend of $0.51 per share, the payment date of which is November 17. Currently, the stock is trading at a trailing dividend yield of 2.94%.

Shares of Old Second Bancorporation Inc (OSBC) will be the talk of the stock market on Friday 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 $0.24 per share. Last year's total dividend payments show that OSBC has a trailing yield of 1.32% on the current share price of $18.24.

Ohio Valley Banc Corp (OVBC) is also set to go ex-dividend tomorrow. The next dividend payment from OVBC will amount to $0.23 per share. October 31 has been designated as the record date for this dividend, with the actual payout scheduled for November 10. In the previous year, OVBC distributed a total of $0.90 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for OVBC stands at 2.61% based on the current stock price of $34.51.

Texas Instruments Inc (TXN) will be paying out a dividend of $1.42 per share to shareholders holding their shares as of the close of business hours on the record date of October 31. Over the past 12 months, TXN has paid out a total of $5.44 per share in dividends. Based on the total dividends paid out last year, TXN boasts an impressive trailing yield of 3.37% on the current share price of $161.49.

Crypto Market Highlights

• JPMorgan has tokenized a private-equity fund on its blockchain platform, offering the tokenized product to high-net-worth clients.

• Bybit, the world’s second-largest crypto exchange, will pause new user registrations in Japan from October 31 to comply with new FSA regulations.

• Ethereum gas fees remain near historic lows, averaging 0.16 gwei ($0.01 per transaction), highlighting a scalable and efficient network ready for real-world applications.

• Ondo Global Markets has expanded to BNB Chain, giving users tokenized access to over 100 Wall Street stocks and ETFs.

• Standard Chartered projects tokenized real-world assets (RWAs) could reach $2 trillion within three years as global finance moves to blockchain.

Most Shorted Stocks

EVgo Inc (EVGO) was one of the most shorted stocks as of the latest short interest figures, with 23.36% 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 7.0. This represents a change of -1050000 shares, which corresponds to a -3.40% decrease in short interest. The total value of the shares held short is estimated to be around $115.29 million. The average daily volume stands at 4.21M shares, and the market capitalization of the company is $1.19B.

The Navitas Semiconductor Corp with the symbol NVTS currently has a short interest of 26.71%. The short interest has changed by -2530000 shares. The days to cover ratio stands at 1.2. The estimated value of the shares held short is approximately $577.52 million. On an average day, 36.95M shares are traded, with the company's market capitalization totaling $2.71B.

For the stock Absci Corp (ABSI), the current short interest is at 23.79%. This represents a significant short interest change of -1980000 shares, corresponding to a short interest percentage decrease of 5.99%. The days needed to cover the short positions amount to 5.3. The approximate worth of the shares held short is $131.69 million.

With the symbol NNE, the stock currently has a short interest of 34.21%. The short interest change is 3790000 shares, compared with a short interest percentage change of +51.29%. It would take approximately 2.8 days to cover all the short positions. The shares short value is estimated to be around $1.47 billion. The company boasts an average daily volume of 3.90M shares, contributing to a market capitalization of $2.38B.

The stock SLS has a current short interest of 20.30%. The short interest percentage has experienced an increase of +8.85% while there was a change of 2040000 shares in short interest. The ratio indicating the time required to cover short positions is 9.0. The calculated worth of the shorted shares amounts to around $22.36 million. Trading activity averages at 2.94M shares per day, while the company's market capitalization stands at $249.53M.

Biotech Stocks to Watch

According to our ST Score evaluation, Xeris Biopharma Holdings Inc (XERS) emerges as a high-quality stock in the Biotech industry, attaining an impressive score of 67. The stock's profitability, performance, and growth are strong. Additionally, it is neutral in terms of financial strength, stock sentiment, Piotroski Score, and forecast.

Our ST Score also classifies Krystal Biotech Inc (KRYS) as a high-quality Biotech stock today, presenting a Score of 65. The stock has strong fundamentals in terms of profitability, performance, growth, financial strength, and Piotroski Score. The stock sentiment, and forecast are neutral.

Another stock in the category, Incyte Corp (INCY) has the ST Score of 64, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, growth, and Piotroski Score. Financial strength, stock sentiment, and forecasts suggest a neutral outlook.

Monte Rosa Therapeutics Inc (GLUE) stock has the ST Score of 62, which implies that the Biotech company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, financial strength, and Piotroski Score, but its weaknesses are in its stock sentiment and forecast. However, it shows neutral outlook in growth.

Catalyst Pharmaceuticals Inc (CPRX) currently has the ST Score of 62, which signifies a huge upward potential. The Biotech stock's strong points are its profitability, financial strength, and Piotroski Score, while its weak points are its growth. The stock's performance, 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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