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Frontline logo Wells Fargo & Company MN lessened its stake in shares of Frontline Ltd. (NYSE:FRO) by 40.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
This is a slightly advanced option trade that starts two calendar days after Frontline Ltd. (NYSE:FRO) earnings and lasts for the 19 calendar days to follow, that has been a winner for the last 3 years.
Frontline Ltd (FRO) traded on unusually high volume on Jan. 29, as the stock lost 0.62% to close at $4.84. On the day, Frontline Ltd saw 1.18 million shares trade hands on 5,810 trades. Considering that the stock averages only a daily volume of 731,572 ...