What Will Happen to Unifi Inc New (NYSE:UFI) Next? The Stock Has Increase in Shorts

March 14, 2018 - By Richard Conner

 What Will Happen to Unifi Inc New (NYSE:UFI) Next? The Stock Has Increase in Shorts

Investors sentiment increased to 1.7 in Q3 2017. Its up 0.27, from 1.43 in 2017Q2. It improved, as 9 investors sold Unifi, Inc. shares while 28 reduced holdings. 17 funds opened positions while 46 raised stakes. 14.05 million shares or 3.79% more from 13.53 million shares in 2017Q2 were reported.
Bridgeway Cap Mgmt reported 0.01% in Unifi, Inc. (NYSE:UFI). Indexiq Advsrs Limited Liability holds 0.05% of its portfolio in Unifi, Inc. (NYSE:UFI) for 30,531 shares. Hall Laurie J Trustee accumulated 0.01% or 270 shares. Keybank National Association Oh holds 0% of its portfolio in Unifi, Inc. (NYSE:UFI) for 23,325 shares. First In holds 0.03% or 1,125 shares. Blackrock holds 2.03M shares or 0% of its portfolio. Northern Tru reported 511,847 shares. Legal General Grp Inc Public Ltd Llc holds 30,454 shares or 0% of its portfolio. Swiss Bancorp stated it has 0% in Unifi, Inc. (NYSE:UFI). Pub Employees Retirement System Of Ohio reported 2,143 shares or 0% of all its holdings. Tiaa Cref Invest Ltd Company has invested 0% in Unifi, Inc. (NYSE:UFI). Voya Invest Management Ltd invested in 0% or 8,369 shares. State Of Tennessee Treasury Department, Tennessee-based fund reported 13,407 shares. Advisory Svcs Limited Liability Corporation owns 0% invested in Unifi, Inc. (NYSE:UFI) for 1 shares. Oberweis Asset Mngmt Inc invested 0.06% in Unifi, Inc. (NYSE:UFI).

Since February 2, 2018, it had 6 buys, and 0 selling transactions for $3.45 million activity.

The stock of Unifi Inc New (NYSE:UFI) registered an increase of 11.37% in short interest. UFI’s total short interest was 106,800 shares in March as published by FINRA. Its up 11.37% from 95,900 shares, reported previously. With 56,700 shares average volume, it will take short sellers 2 days to cover their UFI’s short positions. The short interest to Unifi Inc New’s float is 0.68%.

The stock decreased 0.03% or $0.01 during the last trading session, reaching $36.49. About 12,705 shares traded. Unifi, Inc. (NYSE:UFI) has risen 13.24% since March 14, 2017 and is uptrending. It has underperformed by 3.46% the S&P500.

Unifi, Inc., together with its subsidiaries, makes and sells polyester and nylon yarns. The company has market cap of $667.68 million. The firm operates through three divisions: Polyester, Nylon, and International. It has a 17.05 P/E ratio. The Polyester segment makes and sells polyester plastic bottle flakes, polymer beads, partially oriented yarns, textured, solution and package dyed, twisted, beamed, and draw wound yarns to other yarn manufacturers, and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, and other end-use markets in the United States and El Salvador.

More notable recent Unifi, Inc. (NYSE:UFI) news were published by: Bizjournals.com which released: “Unifi CEO named chairman of the board” on October 30, 2017, also Streetinsider.com with their article: “Unifi, Inc. (UFI) Appoints Albert Carey to Board” published on January 24, 2018, Streetinsider.com published: “Unifi, Inc. (UFI) Names Jeffrey C. Ackerman as Executive Vice President and …” on September 05, 2017. More interesting news about Unifi, Inc. (NYSE:UFI) were released by: Prnewswire.com and their article: “SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Unifi, Inc …” published on November 28, 2017 as well as Bizjournals.com‘s news article titled: “In the Spotlight: Eddie Ingle of Unifi Inc.” with publication date: February 14, 2018.

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