Webull Corporation (NASDAQ:BULL - Get Free Report) was the target of some unusual options trading activity on Thursday. Investors bought 211,424 call options on the company. Thisisanincreaseofapproximately83% compared to the typical volume of 115,432 call options.
Institutional Trading of Webull
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC bought a new stake in Webull in the second quarter valued at about $69,000. Quantbot Technologies LP bought a new stake in Webull in the second quarter valued at about $71,000. Militia Capital Partners LP bought a new stake in Webull in the second quarter valued at about $96,000. Sequoia Financial Advisors LLC bought a new stake in Webull in the second quarter valued at about $120,000. Finally, Shay Capital LLC bought a new stake in Webull in the second quarter valued at about $120,000. Institutional investors own 92.48% of the company's stock.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Webull from a "sell" rating to a "hold" rating in a research report on Friday.
Read Our Latest Report on Webull
Webull Stock Performance
NASDAQ BULL traded up $0.04 on Tuesday, reaching $15.00. The company's stock had a trading volume of 6,607,536 shares, compared to its average volume of 12,367,528. The stock has a market capitalization of $6.92 billion, a price-to-earnings ratio of 93.76 and a beta of -0.17. The company's 50-day moving average price is $13.93. Webull has a 52 week low of $9.54 and a 52 week high of $79.56.
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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