Large Inflow of Money Detected in Chatham Lodging Trust (REIT)

Chatham Lodging Trust (REIT) (CLDT) : The money flow analysis of Chatham Lodging Trust (REIT) (CLDT) indicates a $0.01 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $0.13 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 11.46 and so was the total money flow at $0.12 million. The bulls lapped up $0.1 million worth of block trades on upticks. The money flow was $0.1 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Chatham Lodging Trust (REIT) (CLDT), pushing it down by -0.06% for the day. The stock slid $0.02 and traded at $23.31 during the day. Nonetheless, the stock is 4.69% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 6.06% and the 50-Day Moving Average is 7.21%. Shares have dropped -18.65% from its 1 Year high price. On Jul 22, 2015, the shares registered one year high at $28.85 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $21.58 and the 200 Day Moving Average price is recorded at $20.70.

Chatham Lodging Trust (REIT) (NYSE:CLDT): The stock opened at $23.35 on Thursday but the bulls could not build on the opening and the stock topped out at $23.47 for the day. The stock traded down to $23.06 during the day, due to lack of any buying support eventually closed down at $23.12 with a loss of -0.86% for the day. The stock had closed at $23.32 on the previous day. The total traded volume was 177,844 shares.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of Chatham Lodging Trust, Fisher Jeffrey H, had purchased 10,000 shares in a transaction dated on June 5, 2015. The transaction was executed at $27 per share with total amount equaling $270,000.

Chatham Lodging Trust is a self-advised real estate investment trust (REIT) organized to invest primarily in premium-branded upscale extended-stay and select-service hotels. All of the Companys assets are held by, and all of its operations are conducted through Chatham Lodging, L.P (Operating Partnership). The Operating Partnership and its subsidiaries lease the Companys wholly owned hotels. As of December 31, 2014, the Company owned 34 hotels with an aggregate of 5,115 (unaudited) rooms located in 15 states in the United States and the District of Columbia. The Company primarily invests in upscale extended-stay hotels, such as Homewood Suites by Hilton and Residence Inn by Marriott. It also invests in premium-branded select-service hotels, such as Courtyard by Marriott, Hampton Inn and Suites, Hyatt Place, Hilton Garden Inn by Hilton and SpringHill Suites by Marriott.

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