Unusual call option trade in Phoenix New Media Limited – ADR (FENG) worth $7.71K

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An unusually large $7.71K block of Call contracts on May 2, 2023 at 09:30:35 ET Phoenix New Media Ltd – ADR (Fang) was sold with a strike price of $2.50/share, expiring in 17 days (on May 19, 2023).

This trade was first picked up on Fintel Realtime option flow Tools, where unusual option trades are highlighted.

What is Fund Sentiment?

there are 14 Reporting of fund or institution positions In Phoenix New Media Ltd. – ADR. This is an increase of 13 owners or 1,300.00% over the previous quarter. put/call ratio FENG has a value of 0.80, indicating a bullish outlook.

What are the other shareholders doing?

FENG / Phoenix New Media Limited - ADR shares held by entities

Acadian Asset Management The company holds 77K shares representing 0.64% ownership. In its prior filing, the firm reported representing 83K shares. fall short of 7.88%. Firm fell short of Its portfolio allocation in Feng has increased by 52.86% as compared to the previous quarter.

ubs group Holds 3K shares representing 0.03% ownership of the company. In its prior filing, the firm reported owning 4K shares representing fall short of 35.11%. Firm fell short of Its portfolio allocation in Feng has increased by 63.87% as compared to the previous quarter.

Morgan Stanley The company holds 73K shares representing 0.60% ownership. No change from last quarter.

simplex trading Holds 1K shares representing 0.01% ownership of the company. In its prior filing, the firm reported owning 37K shares, representing fall short of 2,513.45%. Firm fell short of Its portfolio allocation in Feng has increased by 97.50% as compared to the previous quarter.

Belvedere Trading The company holds 37K shares representing 0.30% ownership.

Phoenix New Media Background Information
(This description is provided by the company.)

Phoenix New Media Limited is a leading new media company in China providing premium content on an integrated Internet platform including PC and mobile. Originating from a leading global Chinese-language TV network based in Hong Kong, Phoenix TV, the company enables consumers to access professional news and other quality information and share user-generated content over the Internet through their PCs and mobile devices. Makes Phoenix New Media’s platforms include its PC channel, which includes the ifeng.com website, which includes interest-based verticals and interactive services; its mobile channels, which include mobile news applications, mobile video applications and mobile Internet websites; and its operation with telecom operators that provide mobile value-added services.

View All Phoenix New Media Ltd – ADR regulatory filing,

This story originally appeared on fintail,

The views and opinions expressed here are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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