NEW YORK (AVAFIN) -- Block trades serve as a useful indicator for investors trying to understand the sentiment
of large financial institutions. Today, a total of 92 block trades were
recorded, typically at least 10,000 shares of stock or more represent a single block unit.
Further examination shows that the bought value of the shares was $10,521,202
versus the sold value of $11,269,585. The negative cash flow of
$,748,382 out of the stock shows that investors have bearish
sentiment.
Options traders were busy as well, a total of 18,431 call and 4,311 put contracts were traded
yesterday yielding a 0.23 put/call ratio.
Shares of Direxion Daily Small Cap Bear 3X Shares edged down $0.14 (0.85%) to $15.97. The price of the stock ranged
between a low of $15.94 and $16.38 respectively. The trading volume of 14M is below
the 90 day average volume of 18M shares. TZA is trading above the 50
day moving average. The stock's 52 week low is $13.35 and 52 week high is $35.57. To date, the stock has gained 3.07% within the last month.
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