Large Inflow of Money Detected in Dollar General Corporation

Dollar General Corporation (DG) : Mondays money flow data in Dollar General Corporation (DG) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $58.51 million, whereas, $38.98 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.5, in favor of the bulls. The total money flow into the stock was $19.54 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $17.72 million. The total value of block trades done on upticks was $19.53 million. The value of bearish trades on downticks was only $1.81 million.The up/down ratio in the block trades was a healthy 10.8 in favor of the bulls, suggesting strong buying in the stock by large traders. Dollar General Corporation (DG) fell $0.78 and traded at $92.13, down -0.84% for the day, over previous days close. On a weekly basis, the shares are -2.37% over the previous weeks close.


Dollar General Corporation has dropped 0.92% in the last five trading days, however, the shares have posted positive gains of 0.46% in the last 4 weeks. Dollar General Corporation is up 11.47% in the last 3-month period. Year-to-Date the stock performance stands at 28.92%.

Dollar General Corporation (NYSE:DG): The stock opened at $92.20 on Monday but the bulls could not build on the opening and the stock topped out at $92.65 for the day. The stock traded down to $91.75 during the day, due to lack of any buying support eventually closed down at $92.13 with a loss of -0.84% for the day. The stock had closed at $92.91 on the previous day. The total traded volume was 2,456,047 shares.

In a related news,The officer (SVP & Chief Accounting Officer) of Dollar General Corp, Elliott Anita C sold 2,947 shares at $91.11 on June 3, 2016. The Insider selling transaction had a total value worth of $268,501. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Dollar General Corporation is the discount retailer in the United States. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. Consumables category includes paper and cleaning products; packaged food; perishables; snacks; health and beauty; pet and tobacco products. Seasonal products include decorations, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, automotive and home office supplies. Home products includes kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, bed and bath soft goods. Apparel includes casual everyday apparel for infants, toddlers, girls, boys, women and men, as well as socks, underwear, disposable diapers, shoes and accessories. Its merchandise includes national brands and private brands selections. It operates approximately 11,879 stores located in over 43 states.

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