Large Inflow of Money Witnessed in Corporate Office Properties Trust

Corporate Office Properties Trust (NYSE:OFC) : $1.82 million worth of transactions were on upticks in Corporate Office Properties Trust (NYSE:OFC), compared to $1.6 million on downticks. The ratio between the two was 1.13, whereas, the net money flow stood at a healthy $0.21 million on Wednesdays session.The block trades show a bullish bias with only $0.29 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $0.01million worth of trades. The total money flow into the stock stood at $-0.29 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.31%. The stock was trading at $28.84, with a drop of $0.09 over the previous days close. The stock recorded 1.69% for the week.


In an insider trading activity,The officer (SVP–CAO & Controller) of Corporate Office Properties Trust, Thor Greg J sold 2,085 shares at $27.56 on June 9, 2016. The Insider selling transaction had a total value worth of $57,463. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1% of Corporate Office Properties Trust shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.04% . Institutional Investors own 98.03% of Corporate Office Properties Trust shares. During last six month period, the net percent change held by insiders has seen a change of -21.45%.

The company shares have rallied 21.66% from its 1 Year high price. On Jun 28, 2016, the shares registered one year high at $28.96 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $27.21 and the 200 Day Moving Average price is recorded at $24.70. Corporate Office Properties Trust (NYSE:OFC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.14 and $28.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.00, notching a gain of 0.24% for the day. The total traded volume was 575,527 . The stock had closed at $28.93 on the previous day.

Corporate Office Properties Trust (COPT) is an integrated self-managed real estate investment trust (REIT). Corporate Office Properties, L.P. (COPLP) and subsidiaries (collectively the Operating Partnership) is the entity through which COPT, the sole general partner of COPLP, conducts all of its operations and owns almost all of its assets. The Company has 10 reportable operating office property segments (comprising the Baltimore/Washington Corridor; Northern Virginia; San Antonio; Huntsville; Washington, DC – Capitol Riverfront; St. Marys and King George Counties; Greater Baltimore; Greater Philadelphia; Colorado Springs; and Other). It also has an operating wholesale data center segment. The Company operates in two industries: commercial office properties and wholesale data center. The Company acquires, develop, manage and lease office, and data center properties concentrated in office parks located in the Greater Washington, DC/Baltimore region.

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