Large Outflow of Money Witnessed in Annaly Capital Management Inc

Annaly Capital Management Inc (NLY) : The total money flow in Annaly Capital Management Inc (NLY) was negative ($3.31 million), which signals selling by the traders on Fridays session. They trimmed their holdings by selling the stock on downticks to the tune of $12.57 million. In comparison, the inflow of money into the stock on upticks was $9.26 million. The uptick to downtick ratio was 0.74. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $3.46 million. The value of transactions on uptick was $1.33 million. The negative money flow of ($2.13 million) confirms the selling in Annaly Capital Management Inc (NLY) on strength. The uptick to downtick ratio of block trades was 0.38. Annaly Capital Management Inc (NLY) gained $0.11 at $10.91, a gain of 0.97% over the previous days close. However, the stock registered 2.39% in the week.


Annaly Capital Management Inc (NLY) : The highest short term price target forecast on Annaly Capital Management Inc (NLY) is $12 and the lowest target price is $9. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $10.3 with a standard deviation of $1.26.

Annaly Capital Management Inc (NYSE:NLY): stock turned positive on Friday. Though the stock opened at $10.77, the bulls momentum made the stock top out at $10.92 level for the day. The stock recorded a low of $10.77 and closed the trading day at $10.9, in the green by 0.93%. The total traded volume for the day was 7,837,665. The stock had closed at $10.8 in the previous days trading.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of Annaly Capital Management Inc, Denahan Wellington, had purchased 100,000 shares in a transaction dated on August 21, 2015. The transaction was executed at $10.33 per share with total amount equaling $1,033,000.

Annaly Capital Management, Inc. is a mortgage real estate investment trust (REIT). The Company uses its capital coupled with borrowed funds to invest in real estate related investments, earning the spread between the yield on its assets and the cost of its borrowings. It owns a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations (CMOs), Agency callable debentures, other securities representing interests in or obligations backed by pools of mortgage loans, commercial real estate assets and corporate debt. The Companys business operations consist of Annaly (the parent company), Annaly Commercial Real Estate Group, Inc. (ACREG), RCap Securities, Inc., Fixed Income Discount Advisory Company (FIDAC), Annaly Middle Market Lending LLC and Shannon Funding LLC.

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