Large Outflow of Money Witnessed in Diamond Resorts International

Diamond Resorts International (DRII) : The total money flow in Diamond Resorts International (DRII) was negative ($8.78 million), showing the domination of sellers in the Friday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $11 million. Transactions on upticks were comparatively lower at $2.22 million. The uptick to downtick ratio was 0.2. The total block trades on downticks were valued at $9.27 million. The money flow during block trades was negative ($9.27 million) when the stock traded with a gain of $1 cent. Diamond Resorts International (DRII) was $30.22, an increase of 0.03% over the previous days close.


In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the 0 of Diamond Resorts International, Inc., Guggenheim Partners Investment, had purchased 1,260,008 shares in a transaction dated on July 15, 2016. The transaction was executed at $30.14 per share with total amount equaling $37,976,641.

Diamond Resorts International (NYSE:DRII): The stock was completely flat for the day, closing at $30.22 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $30.24, the stock touched an intraday high of $30.24 and a low of $30.24. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $30.22. The total trading volume on Friday was 400.

Diamond Resorts International, Inc. (DRII) is engaged in the hospitality and vacation ownership industry. The Company operates in two segments: hospitality and management services, and Vacation Interest Sales and Financing. The Company has a network of approximately 333 vacation destinations located in 34 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, Central America, South America, Europe, Asia, Australia, New Zealand and Africa. Its resort network includes approximately 93 resort properties with approximately 11,000 units that it manages and approximately 236 affiliated resorts and hotels and four cruise itineraries, which it does not manage and do not carry its brand, but are a part of its network and, through the Clubs, which are available for its members to use as vacation destinations. The Company offers Vacations for Life, which is a way to acquire a lifetime of vacations at destinations across the world.

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