EVN Broker Data

Broker data for EVN - past month






Here is collective accumulation by 4 retail brokers (CommSec, AUSIEX, CMC Markets and WealthHub) - very clear picture that retail investors are selling. That means professional investors see more value in the shares at the current level and are buying from weak hands.




Here is accumulation by a subgroup of professional investors - investment banks (Citigroup, Goldman Sachs, Macquarie, Merrill Lynch, J.P. Morgan, Morgan Stanley, UBS) - they are usually the ones who have the highest trading volumes.As you can see, they keep steadily accumulating EVN shares.




Here is another interesting thing that I noticed by analysing the broker data for EVN on a bigger scale.I like how investment banks accumulated shares during Feb 2024 - Sep 2024 when the price was sitting in the range $2.9 - $4.3 before it broke level $4.3. That's what smart money does.