Shares of CubeSmart (CUBE) Sees Large Inflow of Net Money Flow

CubeSmart (CUBE) : $10.52 million worth of transactions were on upticks in CubeSmart (CUBE), compared to $7.81 million on downticks. The ratio between the two was 1.35, whereas, the net money flow stood at a healthy $2.7 million on Tuesdays session.The block trades show a bullish bias with only $1.55 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $1.9million worth of trades. The up-down ratio between the uptick and downtick was 1.23, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $0.36 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.34%. The stock was trading at $31.96, with a drop of $0.11 over the previous days close. The stock recorded 0.98% for the week.


The company Insiders own 1.13% of CubeSmart shares according to the proxy statements. In an insider trading activity, The Securities and Exchange Commission has divulged that Martin Timothy M, officer (CFO) of Cubesmart, had unloaded 110,046 shares at an average price of $26.23 in a transaction dated on August 10, 2015. The total value of the transaction was worth $2,886,507.

Shares of CubeSmart rose by 1.69% in the last five trading days and 8.79% for the last 4 weeks. CubeSmart has dropped 1.62% during the last 3-month period . Year-to-Date the stock performance stands at 5.77%.

CubeSmart (NYSE:CUBE): On Tuesdays trading session , Opening price of the stock was $32.02 with an intraday high of $32.12. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $31.56. However, the stock managed to close at $31.96, a loss of 0.34% for the day. On the previous day, the stock had closed at $32.07. The total traded volume of the day was 2,009,136 shares.

CubeSmart is a self-administered and self-managed real estate company focused primarily on the ownership, operation, management, acquisition and development of self-storage facilities in the United States. The Companys self-storage facilities offer storage space for its residential and commercial customers with features, such as wide aisles and loadbearing capabilities for large truck access. As of December 31, 2014, the Company owned 421 self-storage facilities located in 22 states of the United States and in the District of Columbia containing an aggregate of approximately 28.6 million rentable square feet. As of December 31, 2014, the Company managed 174 facilities for third parties (including 35 facilities containing an aggregate of approximately 2.4 million rentable square feet as part of an unconsolidated real estate venture in which it owns a 50% interest).

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