Check Out What Whales Are Doing With ADBE
A whale with a lot of money to spend has taken a noticeably bullish stance on Adobe.
Looking at options history for Adobe (NASDAQ:ADBE) we detected 13 strange trades.
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Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
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Check Out What Whales Are Doing With ADBE
Someone with a lot of money to spend has taken a bullish stance on Adobe (NASDAQ:ADBE).
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.
Analyzing Adobe’s Short Interest
Adobe's (NASDAQ:ADBE) short percent of float has risen 17.28% since its last report. The company recently reported that it has 4.39 million shares sold short, which is 0.95% of all regular shares that are available for trading.
Adobe CEO Said Job Cuts In Tech Reflect Industry’s Shift Toward Balancing Growth And Profitability; Said U.S. Consumer Sentiment Looks Fairly Positive
-Wall Street Journal Interview
https://www.wsj.com/articles/adobes-ceo-sizes-up-the-state-of-tech-now-11673151167