Shares of Diamond Resorts International (NYSE:DRII) Sees Large Outflow of Money

Diamond Resorts International (NYSE:DRII) : The total money flow in Diamond Resorts International (NYSE:DRII) was negative ($19 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $226.75 million. Transactions on upticks were comparatively lower at $207.75 million. The uptick to downtick ratio was 0.92. The total block trades done on upticks were valued at $135.32 million. The total block trades on downticks were valued at $146.78 million. The uptick to the downtick ratio of block trades was 0.92. The money flow during block trades was negative ($11.46 million) when the stock traded with a gain of $572 cent. Diamond Resorts International (NYSE:DRII) was $29.79, an increase of 23.76% over the previous days close.


Currently the company Insiders own 37.4% of Diamond Resorts International shares according to the proxy statements. Institutional Investors own 91.49% of Diamond Resorts International shares.

The company shares have dropped -23.66% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $32.49 and the one year low was seen on Feb 3, 2016. The 50-Day Moving Average price is $23.07 and the 200 Day Moving Average price is recorded at $22.24. Diamond Resorts International (NYSE:DRII): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.76 and $29.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.79, notching a gain of 23.76% for the day. The total traded volume was 40,509,223 . The stock had closed at $24.07 on the previous day.

Diamond Resorts International, Inc. (DRII) is engaged in the hospitality and vacation ownership industry. The Company operates in two segments: hospitality and management services, and Vacation Interest Sales and Financing. The Company has a network of approximately 333 vacation destinations located in 34 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, Central America, South America, Europe, Asia, Australia, New Zealand and Africa. Its resort network includes approximately 93 resort properties with approximately 11,000 units that it manages and approximately 236 affiliated resorts and hotels and four cruise itineraries, which it does not manage and do not carry its brand, but are a part of its network and, through the Clubs, which are available for its members to use as vacation destinations. The Company offers Vacations for Life, which is a way to acquire a lifetime of vacations at destinations across the world.

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