Large Outflow of Money Witnessed in JetBlue Airways Corporation

JetBlue Airways Corporation (JBLU) : The total negative money flow of $5.39 million on Friday indicates selling on strength. The inflow of money on upticks was $7.64 million, compared to $13.03 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.59. The negative money flow of $4.42 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $0.16 million in a block trade.The transaction value of block trade on downtick was $4.58 million. The uptick to downtick ratio was 0.03. The price action in the JetBlue Airways Corporation (JBLU) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $15.85 with a gain of $0.04 , a change of 0.25% over the previous days close. The stock registered 0.25% for the week.


The company Insiders own 0.7% of JetBlue Airways Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.79% . Institutional Investors own 80.73% of JetBlue Airways Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -4.21%.

In a related news, Hnat James G, officer (EVP & General Counsel) of Jetblue Airways Corp, unloaded 1,000 shares at an average price of $17.08 on August 15, 2016. The total amount of the transaction was worth $17,080, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

JetBlue Airways Corporation (NASDAQ:JBLU): The stock opened at $15.78 and touched an intraday high of $16.04 on Friday. During the day, the stock corrected to an intraday low of $15.76, however, the bulls stepped in and pushed the price higher to close in the green at $15.85 with a gain of 0.25% for the day. The total traded volume for the day was 3,538,819. The stock had closed at $15.81 in the previous trading session.

JetBlue Airways Corporation (JBLU) : During the past 4 weeks, traders have been relatively bearish on JetBlue Airways Corporation (JBLU), hence the stock is down -8.05% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.25% relative to the S&P 500. The stock has risen by 0.25% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.17% in the past 4 weeks.

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, Caribbean and Latin America. The Company operates Airbus A321, Airbus A320 and EMBRAER 190 aircraft types. The Companys firm aircraft orders consists of approximately 33 Airbus A321 aircraft, 25 Airbus A320 new engine option (A320neo) aircraft, 45 Airbus A321 new engine option aircraft, 24 EMBRAER 190 aircraft and 10 spare engines. It operates fleet, which consists of approximately 13 Airbus A321 aircraft, 130 Airbus A320 aircraft and 60 EMBRAER 190 aircraft. The Company served approximately 87 BlueCities in 27 states, the District of Columbia, the Commonwealth of Puerto Rico, the United States Virgin Islands, and 17 countries in the Caribbean and Latin America.

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