Large Inflow of Money Detected in Mid-America Apartment Communities

Mid-America Apartment Communities (MAA) : On Monday, The money flowed into the Mid-America Apartment Communities (MAA) stock with an uptick to downtick ratio was recorded at 1.07. Transactions worth $98.43 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $92.27 million. The total money flow into the stock was $6.16 million. The block trades reveal a bullish bias with an up-down ratio of 1.03. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $30.96 million of block transactions on upticks. The value of block trades on downticks was $30.2 million, indicating lower selling interest. The total money flow in block trades was $0.76 million. In terms of price action, Mid-America Apartment Communities (MAA) traded down $5 during the session at $97.15. Compared to the previous days closing, the stock was down only by -4.89%. For the week, the stock is -5.86%, over previous weeks closing.


Mid-America Apartment Communities Inc. has lost 5.94% in the last five trading days and dropped 7.79% in the last 4 weeks. Mid-America Apartment Communities Inc. has dropped 5.57% during the last 3-month period . Year-to-Date the stock performance stands at 9.67%.

Mid-America Apartment Communities (NYSE:MAA): The stock opened at $98.47 on Monday but the bulls could not build on the opening and the stock topped out at $98.70 for the day. The stock traded down to $95.81 during the day, due to lack of any buying support eventually closed down at $97.15 with a loss of -4.89% for the day. The stock had closed at $102.15 on the previous day. The total traded volume was 3,730,783 shares.

In a related news, Bolton H Eric Jr, Director Officer (President And Ceo) of MID AMERICA APARTMENT COMMUNITIES INC, executed a transaction worth $4,973 on June 30, 2016. A total of 060 shares were purchased at an average price of $82.88. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Mid-America Apartment Communities, Inc. is a multifamily focused, self-administered and self-managed Real Estate Investment Trust (REIT). The Company is the general partner of Mid-America Apartments, L.P. The Company owns, operates, acquires and develops apartment communities primarily located in the Southeast and Southwest regions of the United States. The Companys segments include large market same store communities, secondary market same store communities and non-same store communities and other. As of December 31, 2014, the Companys activities include full or partial ownership and operation of 268 multi-family properties and three commercial properties, located in Alabama, Arizona, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, Nevada, North Carolina, South Carolina, Tennessee, Texas and Virginia.

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