Nucor's (NYSE:NUE) short percent of float has risen 51.11% since its last report. The company recently reported that it has 8.03 million shares sold short, which is 4.08% of all regular shares that are available for trading.
Someone with a lot of money to spend has taken a bullish stance on Nucor (NYSE:NUE).
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.
Nucor (NYSE:NUE) has outperformed the market over the past 10 years by 1.76% on an annualized basis producing an average annual return of 13.41%. Currently, Nucor has a market capitalization of $37.35 billion.
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Nucor (NYSE:NUE) has outperformed the market over the past 10 years by 1.05% on an annualized basis producing an average annual return of 12.43%. Currently, Nucor has a market capitalization of $34.62 billion.
Someone with a lot of money to spend has taken a bullish stance on Nucor (NYSE:NUE).
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.