Large Inflow of Money Detected in DDR

DDR (DDR) : The money flow analysis of DDR (DDR) indicates a $2.02 million of outflow was on downticks, whereas, the investors on Tuesday gobbled up stocks worth $3.24 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.6 and so was the total money flow at $1.22 million. The bulls lapped up $2.16 million worth of block trades on upticks. The money flow was $2.16 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of DDR (DDR), pushing it down by -1.34% for the day. The stock slid $0.25 and traded at $18.46 during the day. Nonetheless, the stock is -0.27% over the previous weeks close.


Also, BTIG Research initiates coverage on DDR (NYSE:DDR). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on August 25, 2016.

Shares of DDR Corp. appreciated by 1.13% during the last five trading days but lost 5.83% on a 4-week basis. DDR Corp. is up 8.19% in the last 3-month period. Year-to-Date the stock performance stands at 11.34%.

DDR (NYSE:DDR): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.73 and $18.44 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.76. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.75, notching a gain of 0.21% for the day. The total traded volume was 4,636,888 . The stock had closed at $18.71 on the previous day.

In a related news, Macfarlane Victor B, director of Ddr Corp, unloaded 38,996 shares at an average price of $19.34 on July 29, 2016. The total amount of the transaction was worth $754,183, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

DDR Corp. (DDR) is a self-administered and self-managed real estate investment trust (REIT). The Company is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. In addition, the Company engages in the origination and acquisition of loans and debt securities, which are generally collateralized directly or indirectly by shopping centers. The Company owns and manages approximately 415 shopping centers representing 118 million square feet in 41 states and Puerto Rico. DDR has completed 53 redevelopment projects. Its properties include Eastland Center in California, Easton Market in Ohio and The Maxwell in Illinois.

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