Shares of Sun Communities (SUI) Sees Large Inflow of Net Money Flow

Sun Communities (SUI) : The money flow analysis of Sun Communities (SUI) indicates a $6.63 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $11.64 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.75 and so was the total money flow at $5.01 million. The bulls lapped up $5.87 million worth of block trades on upticks. The money flow was $5.87 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Sun Communities (SUI), pushing it down by -0.12% for the day. The stock slid $0.09 and traded at $75.38 during the day. Nonetheless, the stock is -2.79% over the previous weeks close.


Sun Communities Inc. is up 9.38% in the last 3-month period. Year-to-Date the stock performance stands at 12.04%. Sun Communities Inc. has dropped 2.52% in the last five trading days, however, the shares have posted positive gains of 5.1% in the last 4 weeks. In a related news, Shiffman Gary A, Director Officer (Chrmn And Ceo) of SUN COMMUNITIES INC, unloaded 18,371 shares at an average price of $76.48 on June 30, 2016. The total amount of the transaction was worth $1,405,014, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Sun Communities (NYSE:SUI): On Mondays trading session , Opening price of the stock was $75.67 with an intraday high of $75.86. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $75.3. However, the stock managed to close at $75.38, a loss of 0.12% for the day. On the previous day, the stock had closed at $75.47. The total traded volume of the day was 494,916 shares.

Sun Communities, Inc. (SHS) is a self-administered and self-managed real estate investment trust (REIT). The Company operates in two segments: Real Property Operations, and Home Sales and Rentals. The Real Property Operations segment owns, operates and develops manufactured housing (MH) and recreational vehicle (RV) throughout the United States and is in the business of acquiring, operating and expanding MH and RV communities. The Home Sales and Rentals segment offers manufactured home sales and leasing services to tenants and prospective tenants of its communities. The Company owns and operates a portfolio of around 217 properties located in 29 states throughout the United States, including 183 MH communities, 25 RV communities and nine properties containing both MH and RV sites.

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