Shares of Vornado Realty Trust (NYSE:VNO) Sees Large Outflow of Money

Vornado Realty Trust (NYSE:VNO) : Money flow in the Vornado Realty Trust (NYSE:VNO) stock was negative (9.81 million) on Wednesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $16.47 million, compared to $26.27 million on downticks. The total uptick to downtick ratio was 0.63, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($10.85 million), indicating selling on the strength. The transaction value during uptick in block trades was $3.92 million. Downtick transaction value in block trades amounted to $14.78 million, indicating persistent selling. The uptick to downtick ratio was 0.27. Vornado Realty Trust (NYSE:VNO) traded $1.84 higher at $99.04 gaining 1.89% over the previous days close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Macnow Joseph, officer (EVP-Finance, Chief Admin. Of) of Vornado Realty Trust, had unloaded 4,500 shares at an average price of $25.08 in a transaction dated on September 22, 2015. The total value of the transaction was worth $112,860. Currently the company Insiders own 9.72% of Vornado Realty Trust shares according to the proxy statements. Institutional Investors own 91.89% of Vornado Realty Trust shares.

The company shares have rallied 0.81% from its 1 Year high price. On Nov 2, 2015, the shares registered one year high at $103.41 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $95.99 and the 200 Day Moving Average price is recorded at $93.40. Vornado Realty Trust (NYSE:VNO): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $97.87 and $97.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $99.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $99.05, notching a gain of 1.90% for the day. The total traded volume was 1,115,553 . The stock had closed at $97.20 on the previous day.

Vornado Realty Trust (Vornado) is a fully integrated real estate investment trust (REIT). The Company conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L.P. (the Operating Partnership). The Company is the sole general partner of, and owned approximately 94.1% of the common limited partnership interest in the Operating Partnership. The Companys segments include New York, Washington, DC and Toys R Us (Toys). The Companys other investments includes The Mart, 555 California Street, Vornado Capital Partners Real Estate Fund and Toys R Us, Inc. The Company is the general partner and investment manager of Vornado Capital Partners Real Estate Fund.

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