Large Outflow of Money Witnessed in HollyFrontier Corporation

HollyFrontier Corporation (HFC): The stock had negative money flow to the tune of ($1.57 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $0.49 million, whereas, the outflow of money on downticks was $2.06 million and the ratio between the two was 0.24. The block trade had a negative net money flow of ($1.57 million). On the other hand, downticks amounted to $1.57 million of the traded value, which shows distribution in the stock by traders. HollyFrontier Corporation (HFC) closed with marginal gains of 11 cents to end the day at $23.24, an increase of 0.48% over the previous days close. The stock recorded 2.29% for the week.


The company Insiders own 0.52% of HollyFrontier Corporation shares according to the proxy statements. Institutional Investors own 83.41% of HollyFrontier Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -43.25%. In an insider trading activity,The director officer (Executive Chairman) of Hollyfrontier Corp, Jennings Michael sold 35,000 shares at $35.53 on March 29, 2016. The Insider selling transaction had a total value worth of $1,243,550. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of HollyFrontier Corporation appreciated by 0.73% during the last five trading days but lost 13.73% on a 4-week basis. HollyFrontier Corporation has dropped 33.18% during the last 3-month period . Year-to-Date the stock performance stands at -40.27%.

HollyFrontier Corporation (NYSE:HFC): stock turned positive on Tuesday. Though the stock opened at $23.32, the bulls momentum made the stock top out at $23.53 level for the day. The stock recorded a low of $23.01 and closed the trading day at $23.32, in the green by 0.82%. The total traded volume for the day was 3,214,579. The stock had closed at $23.13 in the previous days trading.

HollyFrontier Corporation is an independent petroleum refiner in the United States. The Company produces refined products, such as gasoline, diesel fuel, jet fuel, lubricant products, and specialty and modified asphalt. The Company operates through two segments, namely, Refining and HEP. The Refining segment includes the operations of its El Dorado, Tulsa, Navajo, Cheyenne and Woods Cross Refineries, and NK Asphalt Partners (NK Asphalt). The Companys refinery operations serve the Mid-Continent, Southwest and Rocky Mountain regions of the United States. The HEP segment includes of the operations of the Companys subsidiary Holly Energy Partners, L.P. (HEP). HEP is a limited partnership that acquires, owns and operates of the refined product pipeline and terminalling assets that support the refining and marketing operations in the Mid-Continent, Southwest and Rocky Mountain regions of the United States.

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