Booking Holdings's (NASDAQ:BKNG) short percent of float has fallen 8.92% since its last report. The company recently reported that it has 540 thousand shares sold short, which is 1.43% of all regular shares that are available for trading.
Someone with a lot of money to spend has taken a bearish stance on Booking Holdings (NASDAQ:BKNG).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
JMP Securities analyst Nicholas Jones maintains Booking Holdings (NASDAQ:BKNG) with a Market Outperform and raises the price target from $2500 to $2750.