Large Outflow of Money Witnessed in Sun Communities

Sun Communities (SUI) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($23.85 million) and the uptick to downtick ratio was 0.16. The transaction value on upticks was $4.4 million and on downticks, the transaction value was $28.25 million. In block trades, the transaction value of inflow done during uptick was $1 million. The transaction value of block trades during downticks was $24.37 million. The uptick to downtick block trade ratio was 0.04. The money flow was negative ($23.37 million), indicating the traders were booking profit on the price strength. Sun Communities (SUI) rose $0.56 at $77.06, during intraday Friday , a rise of 0.73% over the previous days close.


The company Insiders own 5.14% of Sun Communities shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.57% . Institutional Investors own 95.42% of Sun Communities shares. During last six month period, the net percent change held by insiders has seen a change of -8.57%.

In a related news, The director, of Sun Communities Inc, Lewis Clunet R had unloaded 1,800 shares at $78.16 per share in a transaction on August 3, 2016. The total value of transaction was $140,688. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Sun Communities (NYSE:SUI): The stock opened at $76.7 and touched an intraday high of $77.84 on Friday. During the day, the stock corrected to an intraday low of $76.63, however, the bulls stepped in and pushed the price higher to close in the green at $77.06 with a gain of 0.73% for the day. The total traded volume for the day was 575,724. The stock had closed at $76.5 in the previous trading session.

Sun Communities (SUI) : Traders are bullish on Sun Communities (SUI) as it has outperformed the S&P 500 by a wide margin of 0.15% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.37%, 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 2.88% in the last 1 week, and is up 0.01% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Sun Communities, Inc. (SHS) is a self-administered and self-managed real estate investment trust (REIT). The Company operates in two segments: Real Property Operations, and Home Sales and Rentals. The Real Property Operations segment owns, operates and develops manufactured housing (MH) and recreational vehicle (RV) throughout the United States and is in the business of acquiring, operating and expanding MH and RV communities. The Home Sales and Rentals segment offers manufactured home sales and leasing services to tenants and prospective tenants of its communities. The Company owns and operates a portfolio of around 217 properties located in 29 states throughout the United States, including 183 MH communities, 25 RV communities and nine properties containing both MH and RV sites.

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