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Webull Sees Unusually High Options Volume (NASDAQ:BULL)

Webull logo with Finance background

Key Points

  • Webull Corporation (NASDAQ:BULL) experienced an 83% increase in call options trading, with 211,424 call options bought on Thursday.
  • The company's stock received a downgrade from "hold" to "sell" by Wall Street Zen in a recent research report.
  • Webull's shares are currently down 4.0%, trading at $14.34, while 92.48% of the stock is owned by institutional investors.
  • Want stock alerts on Webull? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Webull Corporation (NASDAQ:BULL - Get Free Report) saw some unusual options trading on Thursday. Stock investors bought 211,424 call options on the company. Thisrepresentsanincreaseof83% compared to the typical daily volume of 115,432 call options.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered Webull from a "hold" rating to a "sell" rating in a research report on Saturday, June 14th.

View Our Latest Research Report on Webull

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC acquired a new position in shares of Webull during the 2nd quarter worth approximately $69,000. Quantbot Technologies LP acquired a new position in Webull during the second quarter worth $71,000. Militia Capital Partners LP acquired a new position in Webull during the second quarter worth $96,000. Sequoia Financial Advisors LLC bought a new stake in Webull during the second quarter worth $120,000. Finally, Shay Capital LLC acquired a new stake in Webull in the second quarter valued at $120,000. 92.48% of the stock is owned by institutional investors and hedge funds.

Webull Stock Down 4.0%

Shares of BULL stock opened at $14.34 on Thursday. The company has a fifty day simple moving average of $13.58. Webull has a 1 year low of $9.54 and a 1 year high of $79.56. The firm has a market cap of $6.62 billion, a price-to-earnings ratio of 89.63 and a beta of -0.17.

Webull (NASDAQ:BULL - Get Free Report) last posted its quarterly earnings data on Thursday, May 22nd. The company reported ($0.06) EPS for the quarter. The firm had revenue of $117.37 million for the quarter.

About Webull

(Get Free Report)

Webull Corp. engages in the provision of financial services. It offers trading, wealth management product distribution, market data and information, user community, and investor education. The company was founded by An Quan Wang in 2016 and is headquartered in St. Petersburg, FL.

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