Large Inflow of Money Detected in U.S. Bancorp

U.S. Bancorp (USB) : Mondays money flow indicated an uptick to downtick ratio was at 1.91. The total value of inflow transactions on upticks was $38.25 million, whereas, the total value of outflow trades on downticks was $20.05 million. The total money flow was $18.2 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $14.2 million. The total value of the trades done on upticks was $16.46 million. Downticks saw transactions worth $2.26 million. The total uptick to downtick ratio stood at 7.28, mildly in favor of the bulls. U.S. Bancorp (USB) was trading with a -0.21% change over previous days close. It fell $0.09 during the day and reached $42.73. The stock was -0.56% compared to the previous weeks close.


Shares of U.S. Bancorp rose by 0.09% in the last five trading days and 2.6% for the last 4 weeks. U.S. Bancorp is up 3.78% in the last 3-month period. Year-to-Date the stock performance stands at 2.03%.

U.S. Bancorp (NYSE:USB): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $42.77 and $42.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.04. The buying momentum continued till the end and the stock did not give up its gains. It closed at $42.98, notching a gain of 0.59% for the day. The total traded volume was 5,279,100 . The stock had closed at $42.73 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Kirtley Olivia F, director of Us Bancorp De, had unloaded 1,454 shares at an average price of $42.87 in a transaction dated on August 5, 2016. The total value of the transaction was worth $62,333.

U.S. Bancorp is a multi-state financial services holding company. The Company operates through its banking subsidiary, U.S. Bank National Association, is engaged in the general banking business in domestic markets. The Company provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machines (ATM) processing, mortgage banking, insurance, brokerage and leasing. U.S. Bank National Association provides a range of products and services to individuals, businesses, institutional organizations, governmental entities and other financial institutions. Its commercial and consumer lending services are offered to customers within the Companys domestic markets, to domestic customers with foreign operations and to large national customers operating in specific industries targeted by the Company.

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