Large Inflow of Money Detected in CubeSmart

CubeSmart (CUBE) : Mondays money flow indicated an uptick to downtick ratio was at 1.49. The total value of inflow transactions on upticks was $17.8 million, whereas, the total value of outflow trades on downticks was $11.98 million. The total money flow was $5.83 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $6.28 million. The total value of the trades done on upticks was $12.99 million. Downticks saw transactions worth $6.71 million. The total uptick to downtick ratio stood at 1.94, mildly in favor of the bulls. CubeSmart (CUBE) was trading with a -0.7% change over previous days close. It fell $0.2 during the day and reached $28.04. The stock was 0.95% compared to the previous weeks close.


Shares of CubeSmart appreciated by 0.32% during the last five trading days but lost 8.6% on a 4-week basis. CubeSmart has dropped 13.44% during the last 3-month period . Year-to-Date the stock performance stands at -7.17%.

CubeSmart (NYSE:CUBE): The stock opened at $28.28 on Monday but the bulls could not build on the opening and the stock topped out at $28.40 for the day. The stock traded down to $27.99 during the day, due to lack of any buying support eventually closed down at $28.05 with a loss of -0.67% for the day. The stock had closed at $28.24 on the previous day. The total traded volume was 3,112,848 shares.

In a related news, Martin Timothy M, officer (CFO) of Cubesmart, unloaded 110,046 shares at an average price of $26.23 on August 10, 2015. The total amount of the transaction was worth $2,886,507, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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