Zynerba Pharmaceuticals Sees Unusually Large Options Volume (NASDAQ:ZYNE)

Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) saw some unusual options trading activity on Tuesday. Investors bought 2,036 put options on the company. This represents an increase of 1,655% compared to the typical daily volume of 116 put options.

Hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC purchased a new stake in Zynerba Pharmaceuticals in the 2nd quarter worth approximately $210,000. Claraphi Advisory Network LLC lifted its stake in Zynerba Pharmaceuticals by 46.2% in the 2nd quarter. Claraphi Advisory Network LLC now owns 17,503 shares of the company’s stock worth $237,000 after purchasing an additional 5,532 shares in the last quarter. Commonwealth Equity Services LLC purchased a new stake in Zynerba Pharmaceuticals in the 2nd quarter worth approximately $182,000. NEXT Financial Group Inc lifted its stake in Zynerba Pharmaceuticals by

... read more at: https://mayfieldrecorder.com/2019/09/04/zynerba-pharmaceuticals-sees-unusually-large-options-volume-nasdaqzyne.html

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