Institutional sellers dominated buyers in METHODE ELECTRONICS INC on 09/18/2023
Post date: 2023-09-19 18:07:31 GMT
This chart shows distribution of Institutional flows for MEI: % buyers in green and % sellers in red. The proportions of the institutional flows are estimated as a % of the total volume traded in MEI on 09/18/2023. As the chart shows, most recently there is more mass on the sellers side of the institutional flows than on the buyers side. However, the history of institutional flows and their relative proportion over time also matters. The 20-day trendline shows the slope of 10.4%. This implies that the trend has been dominated by institutional buyers.
Methode Electronics Inc (MEI) is a leading global designer and manufacturer of high-quality electronic components and subsystems. MEI offers a variety of engineered electrical interconnect products, including embedded passives, switches, relays and sensors, along with custom wiring harnesses, power distribution systems, and test equipment for use in a wide range of industries, including automotive, industrial, medical and consumer electronics. MEI’s innovative solutions enable our customers to build their products faster, reduce time to market, and maintain a competitive edge in the marketplace.
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