Market Movers: Energy Stocks & $10 Stars Lighting Up Midday

The S&P 500 reached an all-time high on Friday before paring gains, as Wall Street absorbed a fresh wave of earnings reports and encouraging U.S. economic data.

As of 11:30 AM ET, the Dow was down -173.87 points, or -0.3909%, at $44310.63. The Nasdaq Composite lost -37.04 points, or -0.16%, at $23044.01. The S&P 500 declined -5.03 points, or -0.08%, at $6292.33. Among the 11 major S&P 500 sectors, 6 showed negative movement, with Communication Services leading the way with a -1.2% decrease.

Friday’s economic releases signaled easing consumer concerns about inflation, with the University of Michigan’s July Survey of Consumers showing sentiment rising to 61.8—its highest reading since February and exactly in line with expectations. The improvement reflects fading fears around tariff-driven price pressures.

As the week wraps, major indexes are on track for solid gains. The S&P 500 is up 0.8%, while the Nasdaq has climbed 1.8% and the Dow has edged higher by 0.2%, driven by stronger-than-expected corporate earnings and resilient economic indicators.

Top Movers: Under $10 

MEI Pharma Inc (MEIP) is up 35.22 today to trade at the current level of $6.09. This comes after the company announced a $100M private placement to launch its Litecoin treasury strategy, becoming the first and only publicly traded LTC holder on a national exchange.

AgEagle Aerial Systems Inc (UAVS) zoomed 31.22% in today’s trade to $1.93 after announcing that its eBee TAC is now Blue UAS certified.

In current trading, Tecogen Inc (TGEN) stock is at $6.95 after announcing the pricing of an underwritten public offering of 3,500,000 shares of its common stock at a price to the public of $5 per share.

Telomir Pharmaceuticals Inc (TELO) rose 76.02% in the early hours of today's trading to move at $2.13 after reporting Telomir-1 reverses gene silencing in prostate cancer cells, outperforming Paclitaxel and Rapamycin.

In the current trading session, Blaize Holdings Inc (BZAI) jumped 45.05% to $4.39 over a previous close of $3.03. The company announced its hybrid AI platform will launch in partnership with Starshine in Asia, starting in Q3 2025 and continuing through 2026.

Ex-Dividend Stocks

Seven Hills Realty Trust (SEVN) 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 July 21 as the record date for the same and will pay the actual dividend on August 14. Last year, the company distributed a total of $1.40 to its shareholders. Based on the last year's worth of payments, SEVN has a trailing yield of 12.44% on the current stock price of $11.25.

Another stock that is shelling out dividends on Monday is SuRo Capital Corp (SSSS), having a market capitalization of $213.56M. It will pay a dividend of $0.25 per share, the payment date of which is July 31.

Shares of Service Properties Trust (SVC) 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 $0.01 per share, and in the last 12 months, it paid a total of $0.23 per share. Last year's total dividend payments show that SVC has a trailing yield of 8.76% on the current share price of $2.62.

APA Corporation (APA) is also set to go ex-dividend on Tuesday. The next dividend payment from APA will amount to $0.25 per share. July 22 has been designated as the record date for this dividend, with the actual payout scheduled for August 22. In the previous year, APA distributed a total of $1.00 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for APA stands at 5.25% based on the current stock price of $19.03.

Immersion Corp (IMMR) will be paying out a dividend of $0.04 per share to shareholders holding their shares as of the close of the business hours on the record date of July 23. Over the past 12 months, IMMR has paid out a total of $0.13 per share in dividends. Based on the total dividends paid out last year, IMMR boasts an impressive trailing yield of 1.68% on the current share price of $7.93.

Crypto Market Highlights

• SEC mulls innovation exemption to support tokenization efforts, according to Chair Paul Atkins.

• DeFi Development Corp. launches SOL treasury accelerator, expanding its Solana-based corporate strategy.

• Indian crypto influencer claims crypto adoption is unstoppable, despite government resistance.

• SharpLink Gaming boosts Ether treasury, adding $515 million worth of ETH in nine days and increasing planned equity sale 

• Satoshi-era Bitcoin whale moves 40,192 BTC ($4.77B) to Galaxy Digital, following a prior 40,009 BTC transfer to the asset manager.

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 16.65M shares, and the market capitalization of the company is $85.20M.

The Heron Therapeutics Inc with the symbol HRTX currently has a short interest of 25.71%. The short interest has changed by 2710000 shares. The days to cover ratio stands at 23.4. The estimated value of the shares held short is approximately $74.21 million. On an average day, 1.57M shares are traded, with the company's market capitalization totaling $305.89M.

For the stock Applied Optoelectronics Inc (AAOI), the current short interest is at 23.45%. This represents a significant short interest change of 430000 shares, corresponding to a short interest percentage increase of +3.58%. The days needed to cover the short positions amount to 2.7. The approximate worth of the shares held short is $354.04 million.

With the symbol OCGN, the stock currently has a short interest of 22.65%. The short interest change is -1980000 shares, compared with a short interest percentage change of -3.04%. It would take approximately 11.3 days to cover all the short positions. The shares' short value is estimated to be around $12.56 million. The company boasts an average daily volume of 5.66M shares, contributing to a market capitalization of $296.41M.

The stock CAKE has a current short interest of 22.86%. The short interest percentage has experienced an increase of +9.87% while there was a change of 940000 shares in short interest. The ratio indicating the time required to cover short positions is 7.8. The calculated worth of the shorted shares amounts to around $3.98 billion. Trading activity averages at 1.33M shares per day, while the company's market capitalization stands at $3.12B.

Energy Stocks to Watch

According to our ST Score evaluation, Imperial Petroleum Inc (IMPP) emerges as a high-quality stock in the Energy industry, attaining an impressive score of 65. The stock's profitability, performance, growth, financial strength, and Piotroski Score are strong. Additionally, it is neutral in terms of stock sentiment, and forecast.

Our ST Score also classifies CKX Lands Inc (CKX) as a high-quality Energy stock today, presenting a Score of 56. The stock has strong fundamentals in terms of profitability, financial strength, and Piotroski Score. The performance, growth, stock sentiment, and forecast are neutral.

Another stock in the category, NCS Multistage Holdings Inc (NCSM) has the ST Score of 60, which means that the stock carries the potential for higher returns. The stock is strong in performance, financial strength, and Piotroski Score, but weak in growth. Profitability, stock sentiment, and the forecast suggest a neutral outlook.

Forum Energy Technologies Inc (FET) stock has the ST Score of 55 which implies that the Energy company has a high probability of beating the market. The stock's strengths lie in its performance, but its weaknesses are in its profitability. However, it shows neutral outlook in growth, financial strength, stock sentiment, Piotroski Score, and forecast.

PrimeEnergy Resources Corp (PNRG) currently has the ST Score of 55, which signifies a huge upward potential. The Energy stock's strong points are its profitability and Piotroski Score, while its weak points are its performance and financial strength. The stock's 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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