Shares of EverBank Financial (EVER) Sees Large Outflow of Money

EverBank Financial (EVER) : The total money flow in EverBank Financial (EVER) was negative ($3.01 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $3.95 million. In comparison, the inflow of money into the stock on upticks was $0.94 million. The uptick to downtick ratio was 0.24. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $2.39 million. The negative money flow of ($2.39 million) confirms the selling in EverBank Financial (EVER) on strength. EverBank Financial (EVER) gained $0.07 at $19.14, a gain of 0.37% over the previous days close. However, the stock registered 2.68% in the week.


Shares of EverBank Financial Corp. rose by 0.05% in the last five trading days and 22.51% for the last 4 weeks. EverBank Financial Corp. is up 37.12% in the last 3-month period. Year-to-Date the stock performance stands at 21.26%.

EverBank Financial (NYSE:EVER): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.12 and $19.06 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.15, notching a gain of 0.42% for the day. The total traded volume was 1,871,075 . The stock had closed at $19.07 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Mylod Robert J Jr, director of Everbank Financial Corp, had unloaded 5,000 shares at an average price of $17.95 in a transaction dated on August 1, 2016. The total value of the transaction was worth $89,750.

EverBank Financial Corp is a unitary savings and loan holding company. The Company markets and distributes its banking products and services through its online and mobile financial portal, financial centers in targeted Florida markets and other national business relationships. Its consumer and commercial lending businesses target clients through retail and commercial lending offices in metropolitan markets throughout the country. The Company operates in three segments: Consumer Banking, Commercial Banking and Corporate Services. Its Consumer Banking segment includes consumer deposit services and activities, residential lending and servicing, wealth management and capital markets. The Commercial Banking segment includes commercial deposit services and activities, commercial and commercial real estate lending, lender finance, equipment finance and mortgage warehouse finance. Its Corporate Services segment provides support services to the Consumer and Commercial Banking segments.

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