Stock Traders Buy High Volume of Call Options on 21Vianet Group (VNET)

21Vianet Group Inc (NASDAQ:VNET) was the recipient of some unusual options trading activity on Tuesday. Traders acquired 2,015 call options on the company. This is an increase of 3,150% compared to the average daily volume of 62 call options.

21Vianet Group (VNET) opened at $6.02 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.14. 21Vianet Group has a one year low of $4.17 and a one year high of $8.52.

Hedge funds and other institutional investors have recently bought and sold shares of the business. UBS Group AG boosted its stake in 21Vianet Group by 874.9% during the first quarter. UBS Group AG now owns 19,323 shares of the information technology services provider’s stock worth $106,000 after buying an additional 17,341 shares during the period. Profund Advisors LLC boosted its stake in 21Vianet Group by 42.7% during the second quarter. Profund Advisors LLC now owns 20,988 shares of the information technology services provider’s stock worth $105,000 after buying an additional 6,283 shares during the period. Dynamic Technology Lab Private Ltd boosted its stake in 21Vianet Group by 18.5% during the second quarter. Dynamic Technology Lab Private Ltd now owns 24,935 shares of the information technology services provider’s stock worth $126,000 after buying an additional 3,898 shares during the period. Public Employees Retirement System of Ohio boosted its stake in 21Vianet Group by 8.1% during the first quarter. Public Employees Retirement System of Ohio now owns 25,300 shares of the information technology services provider’s stock worth $139,000 after buying an additional 1,900 shares during the period. Finally, Aperio Group LLC boosted its stake in 21Vianet Group by 119.2% during the second quarter. Aperio Group LLC now owns 26,489 shares of the information technology services provider’s stock worth $133,000 after buying an additional 14,403 shares during the period. 19.53% of the stock is owned by institutional investors.

A number of research analysts recently weighed in on the stock. BidaskClub lowered shares of 21Vianet Group from a “buy” rating to a “hold” rating in a report on Thursday. ValuEngine raised shares of 21Vianet Group from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, Morgan Stanley raised shares of 21Vianet Group from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $6.30 to $9.50 in a research note on Wednesday, October 4th.

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21Vianet Group Company Profile

21Vianet Group, Inc is a carrier-neutral Internet data center services provider. The Company hosts its customers’ servers and networking equipment and provides interconnectivity. The Company also provides managed network services to enable customers to deliver data across the Internet through its data transmission network and smart routing technology.

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