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Friday, May 17, 2024

Sunedison Options Alert On Some Traders’ Minds

Courtesy of Benzinga.

Sunedison Inc (NYSE: SUNE) shares are up 15 percent on Monday amid no company-specific catalysts. An option alert for a Friday April 1 put sweep was reported by Benzinga Pro after the open.

Of note, nearly 38 percent of Sunedison’s float is currently held by short-sellers. The stock is down almost 95 percent over the past twelve months and is down 76 percent year-to-date.

Posted-In: Options Markets Movers

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