Unifi Inc New (NYSE:UFI) Reports Increase in Sellers; Strong Momentum for Short Players

March 14, 2018 - By Vivian Currie

 Unifi Inc New (NYSE:UFI) Reports Increase in Sellers; Strong Momentum for Short Players

Investors sentiment increased to 1.7 in 2017 Q3. Its up 0.27, from 1.43 in 2017Q2. It is positive, 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.
Jpmorgan Chase & reported 0% stake. Louisiana State Employees Retirement accumulated 0.01% or 6,900 shares. 994 are held by Prelude Capital Mngmt Ltd Company. Arizona State Retirement Systems, a Arizona-based fund reported 8,797 shares. Pnc Grp holds 80 shares or 0% of its portfolio. New York State Common Retirement Fund invested 0% of its portfolio in Unifi, Inc. (NYSE:UFI). Neuberger Berman Group Ltd Co reported 191,558 shares. M&R Incorporated holds 0.01% of its portfolio in Unifi, Inc. (NYSE:UFI) for 1,000 shares. State Street Corporation holds 376,187 shares. Millennium Management Limited Liability Corporation holds 86,246 shares. Pub Sector Pension Investment Board reported 0% in Unifi, Inc. (NYSE:UFI). D E Shaw And invested in 42,565 shares. Invesco Limited reported 51,524 shares. State Board Of Administration Of Florida Retirement Sys, Florida-based fund reported 14,348 shares. Guggenheim Capital Ltd Llc invested in 165,416 shares or 0.01% of the stock.

Since February 2, 2018, it had 6 insider buys, and 0 sales 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: Streetinsider.com which released: “Unifi, Inc. (UFI) Appoints Albert Carey to Board” on January 24, 2018, also Streetinsider.com with their article: “Unifi, Inc. (UFI) Names Jeffrey C. Ackerman as Executive Vice President and …” published on September 05, 2017, Prnewswire.com published: “SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Unifi, Inc …” on November 28, 2017. More interesting news about Unifi, Inc. (NYSE:UFI) were released by: Bizjournals.com and their article: “In the Spotlight: Eddie Ingle of Unifi Inc.” published on February 14, 2018 as well as Bizjournals.com‘s news article titled: “Unifi CEO named chairman of the board” with publication date: October 30, 2017.

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