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 15 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 $12,050,426
versus the sold value of $5,794,294. The positive cash flow of
$6,256,131 into the stock shows that investors have bullish
On the options side, a total of total of 21,086 call and 4,815 put contracts were traded
yielding a 0.23 put/call ratio.
On the volume side, 8M shares were traded which is less
than the average volume. General Motors Company is trading above the 50 day
moving average and higher than the 200 day moving average.
Shares of GM opened today at $28.59 and settled the day up $0.21 to $28.78
during the session. The day's trading range is between $28.35 and $28.98 respectively.
Within the last quarter, the shares have gained 11.78% of their value.
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