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Let’s Look at Which Large Institutions Bought BlackBerry Stock in Q1

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ValueWalk

Much of last week’s ‘off-exchange’ trading volume of BB stock involved short sellers In the first three months of 2023, quite a number of large institutions bought shares of BlackBerry (NYSE:BB) stock, according to recent SEC filings compiled by Fintel. BB stock posted a 20.8% rise in those three months; Since March 30, it’s added another 34.5% to that. Further, the data shows that last week, short sellers accounted for a large percentage of Blackberry’s off-exchange trading volume. Also last week, the company reported that it is “targeting… profitability,” excluding some items, in the fourth …

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