LEAN BULLISH
Net positive whale activity for ETN. Smart money shows interest, but signals are mixed. Insiders are net buyers (59,408 shares bought vs 34,568 sold) — bullish conviction from management. Strong institutional ownership at 86.0%, but 4 of 10 top holders are distributing.
Action Plan
- Consider building a position on pullbacks
- Set stop-loss below key support level
- Re-evaluate if insider selling accelerates
📈 Options Flow 期权异动
Unusual options volume vs open interest. High volume/OI ratio signals whale positioning. Put/Call ratio indicates directional bias.
PUT / CALL RATIO
0 (Bullish)1.02.0+ (Bearish)
0.46
BULLISH
High Volume Contracts — Vol > 500 (2 contracts)
CALL$1802026-06-181,440
PUT$3802026-06-18534
- Put/Call volume ratio: 0.46 (bullish)
- Total options volume: 8,363 (calls 5,721 / puts 2,642)
👤 Insider Trading 内部交易
SEC Form 4 filings — officer and director buys/sells in the last 90 days. Net buying is a strong bullish signal.
Recent Insider Transactions (1 buys / 3 sells / 0 grants)
BUYJOHNSON GERALD9612026-05-11
SELLDENK PETER2,0002026-05-06
SELLMONESMITH HEATH B18,3672026-05-06
SELLYELTON MICHAEL3,4942026-03-02
- Insider buying: 59,408 shares
- Insider selling: 34,568 shares
- 41 Form 4 filings in last 90 days
- Net insider BUYING — bullish signal
🏦 Smart Money Flow 机构资金流向
Quarter-over-quarter position changes from 13F filings. Shows whether institutional investors are accumulating (buying more) or distributing (selling) — the strongest signal of whale conviction.
INSTITUTIONAL OWNERSHIP
86.0%
ACCUMULATION vs DISTRIBUTION
20% ACCUMULATING
80% DISTRIBUTING
NET SHARES FLOW
-7,935,623
Institutional Position Changes (QoQ)
★ NEW POSITIONVanguard Capital Management LLC6.50%NEW+12,623,058
★ NEW POSITIONVanguard Portfolio Management LLC2.37%NEW+4,592,796
▬ HOLDBlackrock Inc.7.57%+2.9%+833,955
▬ HOLDMorgan Stanley3.34%+1.6%+201,875
▬ HOLDGeode Capital Management, LLC2.23%+0.6%+49,064
▬ HOLDState Street Corporation4.34%-0.5%-83,027
▼ TRIMMINGBank of America Corporation2.97%-8.3%-1,041,223
▼▼ HEAVY SELLMassachusetts Financial Services Co.1.42%-24.5%-1,786,711
▼▼ HEAVY SELLFMR, LLC2.29%-25.6%-3,062,662
▼▼ HEAVY SELLJPMORGAN CHASE & CO4.68%-52.7%-20,262,748
ETF & Mutual Fund Flow (1 adding / 0 selling)
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Total Stock Mar-0.4%-46,568
▬ HOLDVANGUARD INDEX FUNDS-Vanguard 500 Index Fund+2.0%+190,165
▬ HOLDiShares Trust-iShares Core S&P 500 ETF+0.8%+40,601
▬ HOLDFidelity Concord Street Trust-Fidelity 500 In+0.3%+17,300
▬ HOLDSPDR S&P 500 ETF TRUST-State Street SPDR S&P +3.0%+137,091
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Value Index Fun+2.2%+78,308
▲ ADDINGJPMorgan Trust II-JPMorgan Equity Income Fund+6.7%+158,562
▬ HOLDVANGUARD INSTITUTIONAL INDEX FUNDS-Vanguard I-1.8%-40,398
▬ HOLDSELECT SECTOR SPDR TRT-State Street Industria+0.5%+9,928
▬ HOLDVANGUARD SPECIALIZED FUNDS-Vanguard Dividend +1.1%+22,999
- Institutional ownership: 86.0%
- Smart money flow: 2 adding / 4 selling / 4 hold
- Net shares removed by institutions: -7,935,623
- Biggest mover: JPMORGAN CHASE & CO sold 20,262,748 shares (-52.7%)
🕶 Short Interest & Dark Pool 做空 & 暗池
Short interest as % of float and days-to-cover. Rising SI = bearish pressure. High SI + decreasing = shorts covering (bullish). Squeeze risk rated by SI level.
SHORT INTEREST (% OF FLOAT)
0%10%20%30%+
- Short interest: 2.0% of float
- Days to cover: 3.4
- Short interest MoM: ↑ 6.5%
- Squeeze risk: MINIMAL