Altria Group (NYSE:MO) reported its Q1 earnings results on Thursday, April 28, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Altria Group Inc's (NYSE:MO) short percent of float has fallen 3.7% since its last report. The company recently reported that it has 18.79 million shares sold short, which is 1.04% of all regular shares that are available for trading.
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.
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.
A whale with a lot of money to spend has taken a noticeably bearish stance on Altria Group.
Looking at options history for Altria Group (NYSE:MO) we detected 21 strange trades.