Yes. It could have a double meaning. However in this case, Q has eluded on several posts that the OWL represents something to the occult groups. Look.
What does the Owl represent in context with "Guardian of the Pope"?
Q has always told us symbolism will be their downfall. It just so happens that there is only ONE photo labeled with the word "symbolism" in the Q drops… and that is the photo of the Rothschilds.