Extra Space Storage Inc (EXR) : Mondays money flow data in Extra Space Storage Inc (EXR) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $39.44 million, whereas, $11.64 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 3.39, in favor of the bulls. The total money flow into the stock was $27.79 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $28.45 million. The total value of block trades done on upticks was $28.45 million. Extra Space Storage Inc (EXR) fell $0.34 and traded at $92.37, down -0.37% for the day, over previous days close. On a weekly basis, the shares are -0.94% over the previous weeks close.
Extra Space Storage Inc. is up 2.9% in the last 3-month period. Year-to-Date the stock performance stands at 6.38%. Extra Space Storage Inc. has dropped 1.39% in the last five trading days, however, the shares have posted positive gains of 5.07% in the last 4 weeks. In a related news, Kirk Spencer, Director Officer (Chief Executive Officer) of Extra Space Storage Inc., unloaded 20,000 shares at an average price of $91.59 on July 1, 2016. The total amount of the transaction was worth $1,831,800, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Extra Space Storage Inc (NYSE:EXR): On Mondays trading session , Opening price of the stock was $92.85 with an intraday high of $93.05. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $91.88. However, the stock managed to close at $92.37, a loss of 0.37% for the day. On the previous day, the stock had closed at $92.71. The total traded volume of the day was 1,049,059 shares.
Extra Space Storage Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops professionally managed self-storage properties (stores). The Company operates through three segments: rental operations; tenant reinsurance, and property management, acquisition and development. The Companys rental operations activities include rental operations of self-storage stores. Tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in the Companys self-storage facilities. The Companys property management acquisition and development activities include managing acquiring developing and selling self-storage stores. As of December 31, 2014, it held ownership interests in 828 operating stores. Of these operating stores, 557 are wholly owned and 271 are owned in joint venture partnerships.