A whale with a lot of money to spend has taken a noticeably bearish stance on Etsy.
Looking at options history for Etsy (NASDAQ:ETSY) we detected 27 strange trades.
Etsy (NASDAQ:ETSY) has outperformed the market over the past 5 years by 37.97% on an annualized basis producing an average annual return of 46.25%. Currently, Etsy has a market capitalization of $13.95 billion.
Etsy's (NASDAQ:ETSY) short percent of float has fallen 12.67% since its last report. The company recently reported that it has 12.55 million shares sold short, which is 11.23% of all regular shares that are available for trading.
A smart beta exchange-traded fund, the Invesco S&P 500 Equal Weight Consumer Discretionary ETF (ETF: RCD) debuted on 11/01/2006 and offers broad exposure to the Consumer Discretionary ETFs category of the market.
What Are Smart Beta ETFs?