Shares of CubeSmart (CUBE) Sees Large Inflow of Net Money Flow

CubeSmart (CUBE) : CubeSmart (CUBE) had a healthy money flow of $4.3 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $11.94 million, whereas, investors only sold shares worth $7.64 million on downticks. The stock closed the day with an up-down ratio of 1.56.The money flow in the block trades to the tune of $4.1 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $7.16 million worth of transactions were on upticks. A paltry $3.06 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 2.34. CubeSmart (CUBE) stock slid $0.08 intraday and traded at 30.61, a change of -0.26% over previous days close. However, for the week, the company shares are -3.29% compared to previous weeks close.


CubeSmart has dropped 4.21% during the last 3-month period . Year-to-Date the stock performance stands at 1.6%. CubeSmart has dropped 4.27% in the last five trading days, however, the shares have posted positive gains of 3.35% in the last 4 weeks. In a related news, The officer (CFO), of Cubesmart, Martin Timothy M had unloaded 110,046 shares at $26.23 per share in a transaction on August 10, 2015. The total value of transaction was $2,886,507. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

CubeSmart (NYSE:CUBE): stock turned positive on Monday. Though the stock opened at $30.74, the bulls momentum made the stock top out at $30.81 level for the day. The stock recorded a low of $30.42 and closed the trading day at $30.7, in the green by 0.03%. The total traded volume for the day was 2,534,047. The stock had closed at $30.69 in the previous days trading.

CubeSmart is a self-administered and self-managed real estate company focused primarily on the ownership, operation, management, acquisition and development of self-storage facilities in the United States. The Companys self-storage facilities offer storage space for its residential and commercial customers with features, such as wide aisles and loadbearing capabilities for large truck access. As of December 31, 2014, the Company owned 421 self-storage facilities located in 22 states of the United States and in the District of Columbia containing an aggregate of approximately 28.6 million rentable square feet. As of December 31, 2014, the Company managed 174 facilities for third parties (including 35 facilities containing an aggregate of approximately 2.4 million rentable square feet as part of an unconsolidated real estate venture in which it owns a 50% interest).

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