Shares of Simon Property Group (SPG) Sees Large Inflow of Net Money Flow

Simon Property Group (SPG) : Mondays money flow indicated an uptick to downtick ratio was at 1.26. The total value of inflow transactions on upticks was $52.89 million, whereas, the total value of outflow trades on downticks was $42.08 million. The total money flow was $10.81 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $8.17 million. The total value of the trades done on upticks was $16.5 million. Downticks saw transactions worth $8.34 million. The total uptick to downtick ratio stood at 1.98, mildly in favor of the bulls. Simon Property Group (SPG) was trading with a -0.3% change over previous days close. It fell $0.66 during the day and reached $222.28. The stock was 1.24% compared to the previous weeks close.


Simon Property Group Inc. is up 7.16% in the last 3-month period. Year-to-Date the stock performance stands at 16.26%. Shares of Simon Property Group Inc. rose by 0.24% in the last five trading days and 7.79% for the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Simon Property Group Inc /De/, Hubbard Allan B, had purchased 136 shares in a transaction dated on April 28, 2016. The transaction was executed at $204.92 per share with total amount equaling $27,869.

Simon Property Group (NYSE:SPG): On Mondays trading session , Opening price of the stock was $223.05 with an intraday high of $223.46. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $221.33. However, the stock managed to close at $222.28, a loss of 0.30% for the day. On the previous day, the stock had closed at $222.94. The total traded volume of the day was 849,025 shares.

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P. (Operating Partnership), is the Companys majority-owned partnership subsidiary that owns all of its real estate properties and other assets. The Company owns, develops and manages retail real estate properties, which consist primarily of malls, Premium Outlets and The Mills. As of December 31, 2014, the Company owned or held an interest in 207 properties in the United States, which consisted of 109 malls, 68 Premium Outlets, 13 Mills, three community centers, and 14 other retail properties in 37 states and Puerto Rico. As of December 31, 2014, the Company had ownership interests in nine Premium Outlets in Japan, three Premium Outlets in South Korea, two Premium Outlets in Canada, one Premium Outlet in Mexico and one Premium Outlet in Malaysia. As of December 31, 2014, the Company had non-controlling ownership interests in five outlet properties in Europe.

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