ConocoPhillips's (NYSE:COP) short percent of float has fallen 34.06% since its last report. The company recently reported that it has 11.28 million shares sold short, which is 0.91% of all regular shares that are available for trading.
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.
Barclays raised ConocoPhillips (NYSE: COP) price target from $135 to $151. Barclays analyst Jeanine Wai maintained an Overweight rating on the stock. ConocoPhillips shares fell 3.2% to close at $115.61 on Tuesday.
Someone with a lot of money to spend has taken a bearish stance on ConocoPhillips (NYSE:COP).
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.