Shares of BofI Holding (BOFI) Sees Large Inflow of Net Money Flow

BofI Holding (BOFI): $2.36 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.78. The value of trades done on upticks was $5.37 million, whereas, trades done on downticks were valued at $3.01 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $2.04 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $2.04 million. BofI Holding (BOFI) fell $0.02 traded at $16.67, a change of -0.12% over the previous day. The stock is -5.82% for the week.


BofI Holding, Inc. has dropped 9.97% during the last 3-month period . Year-to-Date the stock performance stands at -21.09%. BofI Holding, Inc. has lost 8.84% in the last five trading days and dropped 4.54% in the last 4 weeks. In a related news, Court James John, director of Bofi Holding, Inc., executed a transaction worth $33,520 on February 19, 2016. A total of 2,000 shares were purchased at an average price of $16.76. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

BofI Holding (NASDAQ:BOFI): On Mondays trading session , Opening price of the stock was $16.73 with an intraday high of $16.84. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $16.5. However, the stock managed to close at $16.61, a loss of 0.48% for the day. On the previous day, the stock had closed at $16.69. The total traded volume of the day was 1,575,874 shares.

BofI Holding, Inc. (BofI) is the holding company for BofI Federal Bank (the Bank). The Bank is a diversified financial services company. The Bank provides consumer and business banking products through its branchless, distribution channels and affinity partners. The Bank has deposit and loan customers across the nation, including consumer and business checking, savings and time deposit accounts and financing for single family and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. The Bank distributes its deposit products through a range of retail distribution channels, and its deposits consist of demand, savings and time deposits accounts. The Bank distributes its loan products through its retail, correspondent and wholesale channels, and the loans the Bank retains are primarily first mortgages secured by single family real property and by multifamily real property.

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