BlackRock (NYSE:BLK) has outperformed the market over the past 15 years by 2.46% on an annualized basis producing an average annual return of 8.72%. Currently, BlackRock has a market capitalization of $92.49 billion.
Someone with a lot of money to spend has taken a bearish stance on BlackRock (NYSE:BLK).
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.
Key Takeaways:
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The company posted record profits last year from a super-rich client base, but revenues and profits fell more than 30% in the first quarter in a choppy investment market
By Lau Ming
BlackRock's (NYSE:BLK) short percent of float has risen 8.28% since its last report. The company recently reported that it has 2.23 million shares sold short, which is 1.57% of all regular shares that are available for trading.
BlackRock (NYSE:BLK) has outperformed the market over the past 15 years by 2.94% on an annualized basis producing an average annual return of 9.41%. Currently, BlackRock has a market capitalization of $96.72 billion.
BlackRock Inc (NYSE:BLK) will establish a perpetual infrastructure strategy to help companies transition to lower-carbon business models over time. Over half…