Shares of Nordstrom (JWN) Sees Large Outflow of Money

Nordstrom (JWN) : Net money flow in Nordstrom (JWN) was negative ($10.74 million) and the inflow of money on uptick was $42.01 million, whereas, the outflow of money on downticks amounted to $52.75 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.8. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $10.73 million. The money flow in block trades was negative ($10.73). Nordstrom (JWN) gained $1.57 cent during the day and reached $52.95, a gain of 3.06% over the previous day.


Shares of Nordstrom Inc. rose by 18.29% in the last five trading days and 30.31% for the last 4 weeks. Nordstrom Inc. is up 38.76% in the last 3-month period. Year-to-Date the stock performance stands at 8.12%.

Nordstrom (NYSE:JWN): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.73 and $51.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.96, notching a gain of 3.08% for the day. The total traded volume was 5,845,683 . The stock had closed at $51.38 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive Vice President) of Nordstrom Inc, Thomas Geevy Sk had sold 155 shares worth of $8,851 in a transaction dated April 4, 2016. In this transaction, 155 shares were sold at $57.1 per share.

Nordstrom, Inc. is a fashion specialty retailer in the United States. The company operates through two segments: Retail and Credit. The Retail segment includes approximately 115 Nordstrom branded full-line stores in the United States and, approximately 167 off-price Nordstrom Rack stores, two Canada full-line stores, and HauteLook, and other retail channels, including five Trunk Club showrooms and, its two Jeffrey boutiques and one clearance store that operates under the name Last Chance. Credit segment includes its wholly owned federal savings bank, Nordstrom fsb, through which it provides a private label credit card, two Nordstrom VISA credit cards and a debit card. The Company operated 290 United States stores located in 38 states, as well as an e-commerce business through, and HauteLook and, as of March 16, 2015. It also operates two Nordstrom full-line stores in Canada.

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