Shares of HollyFrontier Corporation (HFC) Sees Large Inflow of Net Money Flow

HollyFrontier Corporation (HFC) : HollyFrontier Corporation (HFC) had a healthy money flow of $0.67 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $7.36 million, whereas, investors only sold shares worth $6.69 million on downticks. The stock closed the day with an up-down ratio of 1.1.The money flow in the block trades to the tune of $0.36 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.97 million worth of transactions were on upticks. A paltry $0.61 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 1.6. HollyFrontier Corporation (HFC) stock slid $0.03 intraday and traded at 24.62, a change of -0.12% over previous days close. However, for the week, the company shares are -4.17% compared to previous weeks close.


The company Insiders own 0.52% of HollyFrontier Corporation shares according to the proxy statements. Institutional Investors own 84.16% of HollyFrontier Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -16.5%.

In a related news, The Securities and Exchange Commission has divulged that Jennings Michael, director officer (Executive Chairman) of Hollyfrontier Corp, had unloaded 35,000 shares at an average price of $35.53 in a transaction dated on March 29, 2016. The total value of the transaction was worth $1,243,550.

HollyFrontier Corporation (NYSE:HFC): The stock opened at $24.87 and touched an intraday high of $24.96 on Friday. During the day, the stock corrected to an intraday low of $24.385, however, the bulls stepped in and pushed the price higher to close in the green at $24.68 with a gain of 0.12% for the day. The total traded volume for the day was 3,639,049. The stock had closed at $24.65 in the previous trading session.

HollyFrontier Corporation (HFC) : During the past 4 weeks, traders have been relatively bearish on HollyFrontier Corporation (HFC), hence the stock is down -6.57% 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 -4.41% relative to the S&P 500. The 4-week change in the price of the stock is -6.69% and the stock has fallen -3.93% in the past 1 week.

HollyFrontier Corporation is an independent petroleum refiner in the United States. The Company produces refined products, such as gasoline, diesel fuel, jet fuel, lubricant products, and specialty and modified asphalt. The Company operates through two segments, namely, Refining and HEP. The Refining segment includes the operations of its El Dorado, Tulsa, Navajo, Cheyenne and Woods Cross Refineries, and NK Asphalt Partners (NK Asphalt). The Companys refinery operations serve the Mid-Continent, Southwest and Rocky Mountain regions of the United States. The HEP segment includes of the operations of the Companys subsidiary Holly Energy Partners, L.P. (HEP). HEP is a limited partnership that acquires, owns and operates of the refined product pipeline and terminalling assets that support the refining and marketing operations in the Mid-Continent, Southwest and Rocky Mountain regions of the United States.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.