Large Outflow of Money Witnessed in BB&T Corporation

BB&T Corporation (BBT) : The value of composite uptick trades was $0.43 million, whereas, the value of composite downtick trades was $1.78 million. The uptick to downtick ratio stood at 0.24 with a negative money flow of ($1.35) Million during Mondays trading session. The block trades money flow was negative ($1.49 million). The transaction of the trades on downticks amounted to $1.49 million, which confirms investors selling on the strength of price. BB&T Corporation (BBT) gained 1 cents at $36.78, an increase of 0.03% over the previous days close.


BB&T Corporation is up 7.97% in the last 3-month period. Year-to-Date the stock performance stands at -1.35%. Shares of BB&T Corporation rose by 3.67% in the last five trading days and 3.15% for the last 4 weeks. In a related news, Banner Jennifer S, director of Bb&T Corp, unloaded 1,545 shares at an average price of $36.26 on May 27, 2016. The total amount of the transaction was worth $56,022, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

BB&T Corporation (NYSE:BBT): On Mondays trading session , Opening price of the stock was $36.68 with an intraday high of $36.93. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $36.6. However, the stock managed to close at $36.68, a loss of 0.24% for the day. On the previous day, the stock had closed at $36.77. The total traded volume of the day was 2,347,412 shares.

BB&T Corporation (BB&T) is a financial holding company. The Company conducts its business operations primarily through its bank subsidiary, Branch Bank, and other nonbank subsidiaries. BB&Ts operations are divided into six reportable business segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services and Financial Services, and Other, Treasury and Corporate. Branch Bank provides a range of banking and trust services for retail and commercial clients in its geographic markets, including small and mid-size businesses, public agencies, local governments and individuals, through 1,839 offices as of December 31, 2014. BB&Ts subsidiaries offer a range of retail and commercial services to retail and commercial clients.

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