Unico American Corporation (NASDAQ:UNAM) Sellers Increased By 20% Their Shorts

March 14, 2018 - By Clifton Ray

 Unico American Corporation (NASDAQ:UNAM) Sellers Increased By 20% Their Shorts

Investors sentiment increased to 0.75 in Q3 2017. Its up 0.25, from 0.5 in 2017Q2. It is positive, as 2 investors sold Unico American Corporation shares while 2 reduced holdings. 1 funds opened positions while 2 raised stakes. 1.45 million shares or 6.39% less from 1.54 million shares in 2017Q2 were reported.
Renaissance Ltd Liability Corp holds 15,800 shares or 0% of its portfolio. Biglari Cap Corp owns 0.49% invested in Unico American Corporation (NASDAQ:UNAM) for 527,100 shares. Schwartz Counsel owns 397,000 shares for 0.25% of their portfolio. Morgan Stanley reported 600 shares. Blackrock invested in 1,030 shares or 0% of the stock. Dimensional Fund Advsrs Ltd Partnership holds 423,959 shares. Royal Savings Bank Of Canada accumulated 26,962 shares. Brandywine Global Investment Management Ltd Limited Liability Company has 22,300 shares. California Public Employees Retirement Sys accumulated 13,300 shares or 0% of the stock.

The stock of Unico American Corporation (NASDAQ:UNAM) registered an increase of 20% in short interest. UNAM’s total short interest was 2,400 shares in March as published by FINRA. Its up 20% from 2,000 shares, reported previously. With 2,800 shares average volume, it will take short sellers 1 days to cover their UNAM’s short positions. The short interest to Unico American Corporation’s float is 0.12%.

It closed at $8.25 lastly. It is down 17.23% since March 14, 2017 and is downtrending. It has underperformed by 33.93% the S&P500.

Unico American Corporation, through its subsidiaries, underwrites property and casualty insurance in Arizona, California, Nevada, Oregon, and Washington. The company has market cap of $43.78 million. The firm provides property, casualty, health, and life insurance products, as well as insurance premium financing and membership association services. It currently has negative earnings. The Company’s commercial property coverage insures against loss or damage to buildings, inventory, and equipment from natural disasters, including hurricanes, windstorms, hail, water, explosions, and severe winter weather, as well as other events, such as theft and vandalism, fires, storms, and financial loss due to business interruption resulting from covered property damage.

More notable recent Unico American Corporation (NASDAQ:UNAM) news were published by: Businesswire.com which released: “Unico American Corporation Announces Appointment of Directors and Elimination …” on July 17, 2017, also Businesswire.com with their article: “Unico American Corporation Announces Review of Strategic Alternatives” published on April 04, 2016, Businesswire.com published: “Unico American Corporation Reports Relocation of Headquarters” on September 17, 2015. More interesting news about Unico American Corporation (NASDAQ:UNAM) were released by: Businesswire.com and their article: “Unico American Corporation Reports First Quarter 2017 Financial Results” published on May 15, 2017 as well as Businesswire.com‘s news article titled: “Unico American Corporation Announces Conclusion of Strategic Alternatives …” with publication date: January 30, 2018.

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