NEW YORK (AVAFIN) -- Institutional trading of VMware shares yielded a bought/sold volume ratio of 3.00.
A total of 11 block trades crossed the tape, resulting in 224,580
shares on the buy side vs. 74,900 shares on the sell side. From a cash flow perspective,
this implies that there was a cash inflow of $24,006,065 and a cash outflow of $8,036,530.
The net cash flow for VMW is $15,969,535, demonstrating that institutions may
have positive outlook on the stock.
Options traders were busy as well, a total of 9,781 call and 10,019 put contracts were traded
yesterday yielding a 1.02 put/call ratio.
Shares of VMware edged down $2.76 (2.50%) to $107.61. The price of the stock ranged
between a low of $103.00 and $109.50 respectively. The trading volume of 5M is above
the 90 day average volume of 1M shares. VMW is trading above the 50
day moving average. The stock's 52 week low is $74.69 and 52 week high is $115.19. Performance indicators show that the stock has gained 7.65% within the last month.
VMWare, Inc. is a provider of virtual infrastructure software solutions from the desktop to the data center. It works with more than 1,300 technology partners, including leading server, microprocessor, storage, networking and software vendors.