by Fred Fuld III
I’ve always thought it would be great to know what retail investors are doing with popular stocks. Are the buying or selling? This would be especially useful with the meme stocks.
Well guess what. You can now get this information, from NASDAQ, which is offering the Retail Trading Activity Tracker.
The price for this service? Free! Of course, there is a premium service which allows you to access a lot more information.
What does it give you?
The Activity, which is the Ratio of money traded by retail investors in a given stock divided by total amount of money traded by retail investors across all stocks. The amount ranges from 0 to 1.
It also gives you the Sentiment Score, which is the retail net flows of buy vs. sell of the most recent 10 trading days. The value ranges from +100 to -100, where the more positive the score, the greater the proportion of recent retail net buying, and the more negative the score, the greater the proportion of recent retail net selling.
What a great service from NASDAQ .