Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.
Over the past 3 months, 15 analysts have published their opinion on Lyft (NASDAQ:LYFT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Lyft's (NASDAQ:LYFT) short percent of float has risen 7.94% since its last report. The company recently reported that it has 26.44 million shares sold short, which is 8.97% of all regular shares that are available for trading.
Someone with a lot of money to spend has taken a bearish stance on Lyft (NASDAQ:LYFT).
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.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Most investors who owned stocks in the past year have lost money. the SPDR S&P 500 SPY (NYSE: SPY) total return in that time is roughly -4.8%. But there’s no question some big-name stocks have done much better than others in that stretch.