Altria Group Inc's (NYSE:MO) short percent of float has risen 21.74% since its last report. The company recently reported that it has 15.28 million shares sold short, which is 0.84% of all regular shares that are available for trading.
Someone with a lot of money to spend has taken a bearish stance on Altria Group (NYSE:MO).
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.
If history is any guide, there may be good fortune ahead for shares of Altria Group (NYSE:MO). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.
Altria Group Inc (NYSE:MO) reported fourth-quarter FY21 revenues net of excise taxes of $5.09 billion, +0.6% year-on-year, beating the analyst consensus…
Altria Group (NYSE:MO) reported quarterly earnings of $1.09 per share which beat the analyst consensus estimate of $1.08 by 0.93 percent. This is a 10.1 percent increase over earnings of $0.99 per share from the same