Shares of HollyFrontier Corporation (HFC) Sees Large Outflow of Money

HollyFrontier Corporation (HFC) : The total money flow in HollyFrontier Corporation (HFC) was negative ($20.68 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $48.91 million. In comparison, the inflow of money into the stock on upticks was $28.23 million. The uptick to downtick ratio was 0.58. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $24.53 million. The value of transactions on uptick was $1.56 million. The negative money flow of ($22.96 million) confirms the selling in HollyFrontier Corporation (HFC) on strength. The uptick to downtick ratio of block trades was 0.06. HollyFrontier Corporation (HFC) gained $0.57 at $24.98, a gain of 2.34% over the previous days close. However, the stock registered 9.95% in the week.


The stock has recorded a 20-day Moving Average of 4.83% and the 50-Day Moving Average is 4.62%. Shares have dropped -49.85% from its 1 Year high price. On Aug 13, 2015, the shares registered one year high at $54.73 and the one year low was seen on Jul 6, 2016. The 50-Day Moving Average price is $25.29 and the 200 Day Moving Average price is recorded at $31.91.

HollyFrontier Corporation (NYSE:HFC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.65 and $24.65 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.98, notching a gain of 2.34% for the day. The total traded volume was 9,190,935 . The stock had closed at $24.41 on the previous day.

In an insider trading activity,The director officer (Executive Chairman) of Hollyfrontier Corp, Jennings Michael sold 35,000 shares at $35.53 on March 29, 2016. The Insider selling transaction had a total value worth of $1,243,550. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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.

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