Large Outflow of Money Witnessed in Interactive Brokers Group

Interactive Brokers Group (IBKR) : Fridays money flow analysis of Interactive Brokers Group (IBKR) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $12.83 million. In comparison, the inflow of money on upticks was a meager $5.72 million. The dollar value of composite uptick trades minus the downtick trades was negative $7.12 million. The uptick to downtick ratio of 0.45 in the money flow shows weakness. The uptick block trades were valued at $1.95 million. The downtick transaction value was high at $8.76 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.22. Hence, the net money flow in the stock was negative ($6.81 million). Interactive Brokers Group (IBKR) gained $0.36 at $34.88, a change of 1.04% over the previous days close.


Interactive Brokers Group (NASDAQ:IBKR): stock turned positive on Friday. Though the stock opened at $34.71, the bulls momentum made the stock top out at $34.91 level for the day. The stock recorded a low of $34.22 and closed the trading day at $34.88, in the green by 1.04%. The total traded volume for the day was 1,105,751. The stock had closed at $34.52 in the previous days trading.

In a related news, Nemser Earl H, director officer (Vice Chairman) of Interactive Brokers Group, Inc., unloaded 4,000 shares at an average price of $40.21 on April 22, 2016. The total amount of the transaction was worth $160,840, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Interactive Brokers Group, Inc. (IBG, Inc.) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on more than 100 electronic exchanges and trading venues around the world. It operates in two segments: electronic brokerage and market making. The Company owns approximately 14.5% in IBG LLC, the holding company for its businesses. The Company is the sole managing member of IBG LLC. As a direct market access broker, the Company serves the customers of both traditional brokers and prime brokers. It provides its customers with order management, trade execution and portfolio management platform. As a market maker, it provides continuous bid and offer quotations on over one million securities and futures products listed on electronic exchanges around the world.

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