Large Outflow of Money Witnessed in Greenhill & Co.

Greenhill & Co. (GHL) : The total money flow in Greenhill & Co. (GHL) was negative ($2.33 million), which signals selling by the traders on Tuesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $3.26 million. In comparison, the inflow of money into the stock on upticks was $0.93 million. The uptick to downtick ratio was 0.29. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $2.5 million. The negative money flow of ($2.5 million) confirms the selling in Greenhill & Co. (GHL) on strength. Greenhill & Co. (GHL) gained $0.52 at $18.12, a gain of 2.95% over the previous days close. However, the stock registered 2.95% in the week.


The company Insiders own 8% of Greenhill & Co. shares according to the proxy statements. Institutional Investors own 96.49% of Greenhill & Co. shares. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of Greenhill & Co Inc, Bok Scott L, had purchased 202,510 shares in a transaction dated on October 27, 2015. The transaction was executed at $24.89 per share with total amount equaling $5,040,474.

Shares of Greenhill & Co., Inc. appreciated by 13.31% during the last five trading days but lost 7.03% on a 4-week basis. Greenhill & Co., Inc. has dropped 3.02% during the last 3-month period . Year-to-Date the stock performance stands at -33.91%.

Greenhill & Co. (NYSE:GHL): stock turned positive on Tuesday. Though the stock opened at $17.89, the bulls momentum made the stock top out at $18.22 level for the day. The stock recorded a low of $17.76 and closed the trading day at $18.13, in the green by 3.01%. The total traded volume for the day was 870,126. The stock had closed at $17.6 in the previous days trading.

Greenhill & Co., Inc. is an investment bank. The Company provides financial and advisory services on domestic and cross-border mergers and acquisitions, restructurings, financings, capital raisings and other strategic transactions to client base, including corporations, partnerships, institutions and governments. The Company advises debtors, creditors, governments, pension funds and other stakeholders, as well as potential acquirers of distressed companies and assets. The Company also provides advice in connection with activist response strategies and other mission critical situations. It acts for clients located across the world from its offices located in the United States, United Kingdom, Germany, Canada, Japan, Australia, Sweden and Brazil. The Companys wholly owned subsidiaries include Greenhill & Co., LLC (G&Co), Greenhill & Co. International LLP (GCI) and Greenhill & Co. Australia Pty Limited (Greenhill Australia), which provide advisory services in various jurisdictions.

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