Large Outflow of Money Witnessed in Interactive Intelligence Group

Interactive Intelligence Group (ININ) : Fridays money flow analysis of Interactive Intelligence Group (ININ) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $13.85 million. In comparison, the inflow of money on upticks was a meager $7.52 million. The dollar value of composite uptick trades minus the downtick trades was negative $6.33 million. The uptick to downtick ratio of 0.54 in the money flow shows weakness. The uptick block trades were valued at $0.6 million. The downtick transaction value was high at $6.45 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.09. Hence, the net money flow in the stock was negative ($5.85 million). Interactive Intelligence Group (ININ) gained $0.32 at $60.46, a change of 0.53% over the previous days close.


The company Insiders own 21.4% of Interactive Intelligence Group shares according to the proxy statements. Institutional Investors own 84.59% of Interactive Intelligence Group shares.

In a related news,The officer (Chief Marketing Officer) of Interactive Intelligence Group, Inc., Platon Jeff M. sold 880 shares at $31.54 on March 1, 2016. The Insider selling transaction had a total value worth of $27,755. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Interactive Intelligence Group (NASDAQ:ININ): The stock opened at $60.05 and touched an intraday high of $60.5 on Friday. During the day, the stock corrected to an intraday low of $60.01, however, the bulls stepped in and pushed the price higher to close in the green at $60.46 with a gain of 0.53% for the day. The total traded volume for the day was 909,137. The stock had closed at $60.14 in the previous trading session.

Interactive Intelligence Group (ININ) : Traders are bullish on Interactive Intelligence Group (ININ) as it has outperformed the S&P 500 by a wide margin of 5.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.15%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.68% in the last 1 week, and is up 4.97% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Interactive Intelligence Group, Inc. is a provider of software and services for collaboration, communications and customer engagement. The Companys primary offering is its Customer Interaction Center (CIC) product suite, a multichannel communications platform that can be deployed on-premises or through the cloud as Communications as a Service (CaaS). The Company is engaged in the contact center market, where its software applications provide pre-integrated inbound and outbound communications functionality. The Company utilizes this same communications platform to provide solutions for unified communications, workforce optimization and business process automation. Its solutions are applicable in various industries, including tele-services, insurance, banking, accounts receivable management, utilities, healthcare, retail, technology, government and business services.

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