Shares of Apple Hospitality REIT (NYSE:APLE) Sees Large Outflow of Money

Apple Hospitality REIT (NYSE:APLE) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (4.7 million) in Apple Hospitality REIT (NYSE:APLE). On Wednesday, The value of composite uptick trades was $2.08 million, whereas, the value of composite downtick trades was $6.78 million and the ratio between the two was 0.31, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $5.02 million. $0.46 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.09. The negative money flow of ($4.55 million) shows selling on strength. Apple Hospitality REIT (NYSE:APLE) gained $0.33 intraday at $18.56 and registrered 1.81% for the week.


In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, Chief Legal Counsel) of Apple Hospitality Reit, Inc., Buckley David P, had purchased 5,592 shares in a transaction dated on August 28, 2015. The transaction was executed at $17.88 per share with total amount equaling $99,985. Currently the company Insiders own 6.4% of Apple Hospitality REIT shares according to the proxy statements. Institutional Investors own 39.97% of Apple Hospitality REIT shares.

Apple Hospitality REIT (NYSE:APLE): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.44 and $18.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.69. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.64, notching a gain of 2.25% for the day. The total traded volume was 1,023,554 . The stock had closed at $18.23 on the previous day.

Apple Hospitality REIT, Inc. is a real estate investment trust (REIT). The Company owns portfolios of upscale, select service hotels in the United States. The Companys portfolio is diversified across the Hilton and Marriott families of brands with locations in urban, suburban and developing markets. The Company operates approximately 177 hotels, with approximately 22,750 guestrooms under Courtyard by Marriott, Fairfield Inn by Marriott, Fairfield Inn & Suites by Marriott, Marriott Hotels & Resorts, Renaissance Hotels, Residence Inn by Marriott, SpringHill Suites by Marriott, TownePlace Suites by Marriott, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton, Hilton Garden Inn, Home2 Suites by Hilton and Homewood Suites by Hilton brands. The Company operates approximately 90 Marriott-branded hotels and 83 Hilton-branded hotels.

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