Large Outflow of Money Witnessed in KeyCorp

KeyCorp (KEY): The stock had negative money flow to the tune of ($6.58 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $13.68 million, whereas, the outflow of money on downticks was $20.26 million and the ratio between the two was 0.68. The block trade had a negative net money flow of ($5.49 million). The total block trade value undertaken on upticks was $2.14 million. On the other hand, downticks amounted to $7.64 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.28. KeyCorp (KEY) closed with marginal gains of 13 cents to end the day at $11.22, an increase of 1.17% over the previous days close. The stock recorded 2.37% for the week.


The company Insiders own 0.72% of KeyCorp shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 50.39% . Institutional Investors own 83.21% of KeyCorp shares. During last six month period, the net percent change held by insiders has seen a change of 26.05%. In an insider trading activity, Cooley Charles P, director of Keycorp /New/, had purchased 5,000 shares on May 23, 2016. The total value of the transaction was $62,050. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Shares of KeyCorp. appreciated by 7.4% during the last five trading days but lost 6.37% on a 4-week basis. KeyCorp. is up 4.77% in the last 3-month period. Year-to-Date the stock performance stands at -11.85%.

KeyCorp (NYSE:KEY): stock turned positive on Tuesday. Though the stock opened at $11.4, the bulls momentum made the stock top out at $11.555 level for the day. The stock recorded a low of $11.38 and closed the trading day at $11.47, in the green by 2.23%. The total traded volume for the day was 15,119,153. The stock had closed at $11.22 in the previous days trading.

KeyCorp is a bank holding company. The Bank operates through its subsidiary, KeyBank National Association, which is engaged in providing banking services. Through KeyBank and other subsidiaries, the Bank provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, commercial mortgage servicing and special servicing, and investment banking products and services. The Bank provides these services to individual, corporate and institutional clients. The Bank operates in two segments: Key Community Bank, which serves individuals and small to mid-sized businesses by offering a variety of deposit, investment, lending, credit card, and personalized wealth management products and business advisory services, and Key Corporate Bank, is a full-service corporate and investment bank focused on serving the needs of middle market clients in seven industry sectors: consumer, energy, healthcare, industrial, public sector, real estate and technology.

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