The Home Depot Inc (NYSE: HD) and Lowe's Companies Inc (NYSE: LOW) are trading lower amid overall market weakness. Stocks across sectors fell Friday following data showing a drop in U.S.
A whale with a lot of money to spend has taken a noticeably bearish stance on Home Depot.
Looking at options history for Home Depot (NYSE:HD) we detected 14 strange trades.
PPG (NYSE:PPG) today announced an expanded relationship with The Home Depot® and HD Supply® to offer an extensive lineup of professional PPG paint products and services designed exclusively for professional
Someone with a lot of money to spend has taken a bearish stance on Home Depot (NYSE:HD).
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.
Home Depot Inc's (NYSE:HD) short percent of float has fallen 5.32% since last its last report. The company recently reported that it has 9.34 million shares sold short, which is 0.89% of all regular shares that are available for trading.
The consumer backdrop is set to normalize in 2022 and 2023 and the nearer-term prospects for Home Depot Inc (NYSE: HD) have improved, according to Oppenheimer.