Stock traders are buying a high volume of call options on Social Capital Hedosophia Holdings Corp. VI (NYSE:IPOF)

Social Capital Hedosophia Holdings Corp. VI (NYSE:IPOF – Get Rating) was the target of unusual options trading activity on Wednesday. Equity investors bought 69,416 call options on the company. This represents a 1,665% increase from the average daily volume of 3,932 call options.

Major investors have recently been buying and selling stocks. Blue Bell Private Wealth Management LLC has increased its holdings of shares in Social Capital Hedosophia Holdings Corp. VI of 643.0% in the first quarter. Blue Bell Private Wealth Management LLC now owns 2,972 shares of the company valued at $30,000 after purchasing an additional 2,572 shares during the period. Qube Research & Technologies Ltd has acquired a new equity stake in Social Capital Hedosophia Holdings Corp. VI during Q1 worth approximately $96,000. Gamco Investors Inc. ET AL has purchased a new equity stake in Social Capital Hedosophia Holdings Corp. VI during Q1, valued at approximately $102,000. Powell Investment Advisors LLC acquired a new position in Social Capital Hedosophia Holdings Corp. VI in the first quarter, valued at approximately $242,000. Finally, Trexquant Investment LP acquired a new position in Social Capital Hedosophia Holdings Corp. VI in the third quarter worth approximately $266,000. 46.94% of the shares are held by hedge funds and other institutional investors.

IPOF stock opened at $10.03 on Thursday. The company has a 50-day moving average of $10.19 and a two-hundred-day moving average of $10.17. Social Capital Hedosophia Holdings Corp. VI has a 12-month low of $9.77 and a 12-month high of $10.99.

(A d)

What is the most productive stock you have ever owned? Dividends from these stocks have grown so rapidly over the years that they now earn us an average of 26%!

When you start getting paid 26% on your money, your financial troubles tend to evaporate.

Social Capital Hedosophia Holdings Corp. VI Company Profile (Get a rating)

Social Capital Hedosophia Holdings Corp. VI does not carry on any significant activities. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more companies in the technology industries. The company was incorporated in 2020 and is based in Menlo Park, California.

Read more

This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Social Capital Hedosophia Holdings Corp. VI right now?

Before considering Social Capital Hedosophia Holdings Corp. VI, you will want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market goes higher…and Social Capital Hedosophia Holdings Corp. VI was not on the list.

While Social Capital Hedosophia Holdings Corp. VI currently has an “N/A” rating among analysts, with top-rated analysts believing these five stocks to be better buys.

See the 5 actions here

Comments are closed.