NEW YORK (AVAFIN) -- Institutional trading of Direxion Daily Energy Bear 3X Shares shares yielded a bought/sold volume ratio of 0.92.
A total of 14 block trades crossed the tape yesterday, resulting in 74,617
shares on the buy side and 80,691 shares on the sell side. From a cash flow perspective,
this implies that there was a cash inflow of $908,649 and a cash outflow of $80,691.
Yesterday's net cash flow for ERY is $61,641, demonstrating that institutions may
have negative outlook on the stock.
View all Block Trading Activities
On the options side, a total of total of 3,555 call and 1,563 put contracts were traded
yielding a 0.44 put/call ratio.
Shares of Direxion Daily Energy Bear 3X Shares gained $0.28 (+2.29%) to $12.50. The last trading session witnessed a
low of $11.47 and high of $12.73 during the day. The current trading volume of 5,165,938 is less
than average volume of 5,403,960 shares. ERY is trading below the 50 day moving average
and lower than the 200 day moving average. The stock's 52 week low is $10.75 and 52 week high is $28.12. Within the last month, shares of ERY have lost -28.53% of their value.
Competitors to watch: Alcatel-Lucent, S.A. (NYSE: ALU), Corning (NYSE: GLW), Comverse Technology (: CMVT), NICE Systems (NASDAQ: NICE), Plantronics (NYSE: PLT)