Shares of Virgin America (VA) Sees Large Inflow of Net Money Flow

Virgin America (VA) : Tuesdays money flow data in Virgin America (VA) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $12.66 million, whereas, $3.48 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 3.64, in favor of the bulls. The total money flow into the stock was $9.18 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $8.75 million. The total value of block trades done on upticks was $8.75 million. Virgin America (VA) fell $0.06 and traded at $56.16, down -0.11% for the day, over previous days close. On a weekly basis, the shares are -0.18% over the previous weeks close.


The company Insiders own 31.2% of Virgin America shares according to the proxy statements. Institutional Investors own 69.85% of Virgin America shares. In an insider trading activity,The officer (Senior VP, General Counsel) of Virgin America Inc., Varley John J. sold 10,084 shares at $36.38 on November 23, 2015. The Insider selling transaction had a total value worth of $366,856. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Virgin America Inc. has dropped 0.5% in the last five trading days, however, the shares have posted positive gains of 0.25% in the last 4 weeks. Virgin America Inc. is up 1.57% in the last 3-month period. Year-to-Date the stock performance stands at 55.96%.

Virgin America (NASDAQ:VA): On Tuesdays trading session , Opening price of the stock was $56.23 with an intraday high of $56.25. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $56.0401. However, the stock managed to close at $56.16, a loss of 0.11% for the day. On the previous day, the stock had closed at $56.22. The total traded volume of the day was 529,169 shares.

Virgin America Inc. is an airline that provides scheduled air travel in the United States and Mexico. The Company operates from Los Angeles and San Francisco with a presence at Dallas Love Field (DAL) to other destinations in North America. It provides service to approximately 21 airports in the United States and Mexico with a fleet of 53 narrow-body aircraft. It offers three levels of service: First Class, Main Cabin Select and Main Cabin. First Class level of service includes eight-seat cabin with an inflight teammate to provide service, 165 degree reclining leather seat with massage functions and 55 inches of pitch between rows, among others. Main Cabin Select includes 38 inches of pitch for leg room, individual Red inflight entertainment system at every seatback and one free checked bag, among others. Main Cabin includes 32 or 33 inches of pitch, individual Red inflight entertainment system at every seatback and complimentary live television, among others.

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