Altria Group Inc's (NYSE:MO) short percent of float has fallen 6.56% since last its last report. The company recently reported that it has 10.47 million shares sold short, which is 0.57% of all regular shares that are available for trading.
This article was originally published on The Bluntness, and appears here with permission.
As more big business movers and shakers appear to be ratcheting up their incursions into the cannabis industry, industry advocates are stepping up their defense.
If history is any guide, there may be trouble ahead for shares of Altria Group (NYSE:MO). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
A whale with a lot of money to spend (and possibly insider knowledge) has taken a noticeably bearish stance on Altria Group.
Looking at options history for Altria Group (NYSE:MO) we detected 12 strange trades.