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 97 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 $23,020,926
versus the sold value of $15,884,811. The positive cash flow of
$7,136,114 into the stock shows that investors have bullish
sentiment.
View all Block Trading Activities
Options traders were busy as well, a total of 14,607 call and 3,481 put contracts were traded
yesterday yielding a 0.24 put/call ratio.
Alcoa (AA) opened today at $8.58 and is currently trading at $8.68, up $0.11 (+1.28%) during
last trading session. To date, the stock has gained 1.90% within the last week.
The daily low is $8.55 and the high is $8.72. The trading volume
of 17M is below the average volume of 17M shares.
Alcoa Inc. is engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining etc.
