Large Outflow of Money Witnessed in Old Republic International Corporation

Old Republic International Corporation (ORI) : Net money flow in Old Republic International Corporation (ORI) was negative ($0.77 million) and the inflow of money on uptick was $0.14 million, whereas, the outflow of money on downticks amounted to $0.91 million on Friday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.15. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $0.64 million. The money flow in block trades was negative ($0.64). Old Republic International Corporation (ORI) gained $0 cent during the day and reached $19.71, a gain of 0% over the previous day.


Old Republic International Corporation (NYSE:ORI): stock turned positive on Friday. Though the stock opened at $19.7, the bulls momentum made the stock top out at $20 level for the day. The stock recorded a low of $19.7 and closed the trading day at $19.98, in the green by 1.37%. The total traded volume for the day was 1,636,592. The stock had closed at $19.71 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that Steiner Arnold L, director of Old Republic International Corp, had unloaded 14,000 shares at an average price of $18.74 in a transaction dated on May 6, 2016. The total value of the transaction was worth $262,360.

Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through a number of regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group; Title Insurance Group, and the Republic Financial Indemnity Group (RFIG) Run-off Business. General Insurance segment is a commercial lines insurance business with a focus on liability insurance coverages. These coverages are provided to businesses, Government and other institutions. Title Insurance Groups business consists of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. RFIG run-off business consists of its mortgage guaranty and CCI operations.

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