Shares of HollyFrontier Corporation (HFC) Sees Large Outflow of Money

HollyFrontier Corporation (HFC) : The value of composite uptick trades was $11.33 million, whereas, the value of composite downtick trades was $25.29 million. The uptick to downtick ratio stood at 0.45 with a negative money flow of ($13.96) Million during Mondays trading session. The block trades money flow was negative ($13.7 million).The uptick to the downtick ratio of 0.04 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $0.54 million. The transaction of the trades on downticks amounted to $14.24 million, which confirms investors selling on the strength of price. HollyFrontier Corporation (HFC) gained 23 cents at $27.36, an increase of 0.85% over the previous days close.


HollyFrontier Corporation has dropped 0.22% in the last five trading days, however, the shares have posted positive gains of 13.91% in the last 4 weeks. HollyFrontier Corporation has dropped 0.19% during the last 3-month period . Year-to-Date the stock performance stands at -29.92%.

HollyFrontier Corporation (NYSE:HFC): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.25 and $26.99 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.36, notching a gain of 0.85% for the day. The total traded volume was 3,290,690 . The stock had closed at $27.13 on the previous day.

In a related news,The director officer (Executive Chairman) of Hollyfrontier Corp, Jennings Michael sold 35,000 shares at $35.53 on March 29, 2016. The Insider selling transaction had a total value worth of $1,243,550. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

HollyFrontier Corporation is an independent petroleum refiner in the United States. The Company produces refined products, such as gasoline, diesel fuel, jet fuel, lubricant products, and specialty and modified asphalt. The Company operates through two segments, namely, Refining and HEP. The Refining segment includes the operations of its El Dorado, Tulsa, Navajo, Cheyenne and Woods Cross Refineries, and NK Asphalt Partners (NK Asphalt). The Companys refinery operations serve the Mid-Continent, Southwest and Rocky Mountain regions of the United States. The HEP segment includes of the operations of the Companys subsidiary Holly Energy Partners, L.P. (HEP). HEP is a limited partnership that acquires, owns and operates of the refined product pipeline and terminalling assets that support the refining and marketing operations in the Mid-Continent, Southwest and Rocky Mountain regions of the United States.

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