Shares of Synchrony Financial (SYF) Sees Large Inflow of Net Money Flow

Synchrony Financial (SYF): $1.82 million was the positive money flow into the stock on Friday and the up/down ratio of ticks was also in favor of the bulls at 1.19. The value of trades done on upticks was $11.48 million, whereas, trades done on downticks were valued at $9.66 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $2.86 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $2.65 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 1.08 was strongly in favor of the bulls. The money flow in block trades was $0.21 million. Synchrony Financial (SYF) fell $0.02 traded at $27.75, a change of -0.05% over the previous day. The stock is 3.29% for the week.


The company Insiders own 0.02% of Synchrony Financial shares according to the proxy statements. Institutional Investors own 88.75% of Synchrony Financial shares. During last six month period, the net percent change held by insiders has seen a change of -0.37%.

In a related news, The Securities and Exchange Commission has divulged that Doubles Brian D, officer (See remarks) of Synchrony Financial, had unloaded 1,000 shares at an average price of $30 in a transaction dated on May 24, 2016. The total value of the transaction was worth $30,000.

Synchrony Financial (NYSE:SYF): The stock opened at $27.86 and touched an intraday high of $27.905 on Friday. During the day, the stock corrected to an intraday low of $27.58, however, the bulls stepped in and pushed the price higher to close in the green at $27.8 with a gain of 0.14% for the day. The total traded volume for the day was 3,544,535. The stock had closed at $27.76 in the previous trading session.

Synchrony Financial (SYF) has been under a strong bear grip, hence the stock is down -1.36% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.98% in the past 1 week. The stock has risen by 3.5% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.49% in the past 4 weeks.

Synchrony Financial (Synchrony) is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Companys revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit. The Company offers two types of credit cards: private label credit cards and Dual Cards. It offers its credit products through its wholly owned subsidiary, Synchrony Bank (the Bank). Through the Bank, it offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC), including certificates of deposit, individual retirement accounts (IRAs), money market accounts and savings accounts, under its Optimizer+Plus brand.

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