Large Inflow of Money Detected in Interval Leisure Group

Interval Leisure Group (IILG) stock had a bullish inflow of $3.44 million worth of trades on uptick and an outflow of $1.97 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.74. The net money flow into the stock was $1.47 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.06 million. $1.06 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Interval Leisure Group (IILG) stock traded down $0.01 , and reached $17.52, a drop of -0.03% over the previous day. On a weekly basis, the stock is -1.27%, over the previous weeks close.


Also, Major Brokerage house, MKM Partners upgrades its ratings on Interval Leisure Group (NASDAQ:IILG). According to the latest information available, the shares are now rated Buy by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on July 14, 2016.

Interval Leisure Group (NASDAQ:IILG): The stock opened at $17.63 on Wednesday but the bulls could not build on the opening and the stock topped out at $17.77 for the day. The stock traded down to $17.46 during the day, due to lack of any buying support eventually closed down at $17.46 with a loss of -0.34% for the day. The stock had closed at $17.52 on the previous day. The total traded volume was 1,843,148 shares.

The stock has recorded a 20-day Moving Average of 7.07% and the 50-Day Moving Average is 15.39%. In a related news, Ryder Thomas O, director of Interval Leisure Group, Inc., executed a transaction worth $440,400 on June 3, 2016. A total of 30,000 shares were purchased at an average price of $14.68. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Interval Leisure Group, Inc. (ILG) is a global provider of non-traditional lodging, encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership. The Company operates through two segments: Exchange and Rental, and Vacation Ownership. Its Exchange and Rental segment offers access to vacation accommodations and other travel-related transactions and services to leisure travelers, by providing vacation exchange services and vacation rental, working with resort developers and operating vacation rental properties. Its Vacation Ownership segment is engaged in the management of vacation ownership resorts; sales, marketing, and financing of vacation ownership interests, and related services to owners and associations.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.