Shares of Investors Bancorp (ISBC) Sees Large Outflow of Money

Investors Bancorp (ISBC) : The total money flow in Investors Bancorp (ISBC) was negative ($2.61 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $3.69 million. In comparison, the inflow of money into the stock on upticks was $1.08 million. The uptick to downtick ratio was 0.29. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $2.66 million. The negative money flow of ($2.66 million) confirms the selling in Investors Bancorp (ISBC) on strength. Investors Bancorp (ISBC) gained $0.01 at $11.3, a gain of 0.04% over the previous days close. However, the stock registered -0.48% in the week.


Investors Bancorp Inc. has lost 0.18% in the last five trading days and dropped 1.47% in the last 4 weeks. Investors Bancorp Inc. has dropped 2.23% during the last 3-month period . Year-to-Date the stock performance stands at -7.64%.

Investors Bancorp (NASDAQ:ISBC): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.26 and $11.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.32. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.31, notching a gain of 0.18% for the day. The total traded volume was 2,094,707 . The stock had closed at $11.29 on the previous day.

In a related news, Siekerka Michele N, director of Investors Bancorp, Inc., unloaded 25,407 shares at an average price of $11.58 on May 18, 2016. The total amount of the transaction was worth $294,213, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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