What’s in Unisys Corporation New (NYSE:UIS) After Decline in Shorted Shares?

March 14, 2018 - By Marie Mckinney

 What’s in Unisys Corporation New (NYSE:UIS) After Decline in Shorted Shares?

Investors sentiment decreased to 0.82 in Q3 2017. Its down 0.44, from 1.26 in 2017Q2. It is negative, as 26 investors sold Unisys Corporation shares while 39 reduced holdings. 17 funds opened positions while 36 raised stakes. 55.87 million shares or 0.26% more from 55.72 million shares in 2017Q2 were reported.
Jefferies Grp Ltd Co invested in 12,013 shares or 0% of the stock. New York-based D E Shaw has invested 0% in Unisys Corporation (NYSE:UIS). Pinnacle Ltd Company holds 61,470 shares or 0.19% of its portfolio. Prelude Cap Management Limited Company holds 0.02% or 25,122 shares. Geode Cap Mgmt Lc holds 0% of its portfolio in Unisys Corporation (NYSE:UIS) for 455,991 shares. 35,574 were reported by Metropolitan Life New York. Fiera accumulated 15,761 shares. Morgan Stanley reported 0% stake. Us Comml Bank De holds 77 shares. 150,440 were reported by Nationwide Fund Advsr. Meeder Asset accumulated 833 shares or 0% of the stock. Moreover, Ellington Mgmt Grp Limited Liability Com has 0.11% invested in Unisys Corporation (NYSE:UIS) for 78,400 shares. Wedge Management L L P Nc reported 74,400 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Corp reported 31,000 shares stake. Citigroup holds 1,723 shares.

The stock of Unisys Corporation New (NYSE:UIS) registered a decrease of 4.62% in short interest. UIS’s total short interest was 9.22M shares in March as published by FINRA. Its down 4.62% from 9.67M shares, reported previously. With 236,700 shares average volume, it will take short sellers 39 days to cover their UIS’s short positions. The short interest to Unisys Corporation New’s float is 18.48%.

The stock increased 0.88% or $0.1 during the last trading session, reaching $11.45. About 198,831 shares traded. Unisys Corporation (NYSE:UIS) has risen 62.29% since March 14, 2017 and is uptrending. It has outperformed by 45.59% the S&P500.

Unisys Corporation provides information technology services worldwide. The company has market cap of $577.92 million. It operates through two divisions, Services and Technology. It currently has negative earnings. The Services segment provides cloud and infrastructure services, application services, and business process outsourcing services.

Unisys Corporation (NYSE:UIS) Ratings Coverage

Among 5 analysts covering Unisys Corporation (NYSE:UIS), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Unisys Corporation had 8 analyst reports since December 22, 2015 according to SRatingsIntel. On Tuesday, March 29 the stock rating was initiated by Sidoti with “Buy”. The stock of Unisys Corporation (NYSE:UIS) has “Neutral” rating given on Monday, February 12 by Susquehanna. The company was initiated on Tuesday, January 10 by Loop Capital. The stock of Unisys Corporation (NYSE:UIS) earned “Hold” rating by Loop Capital on Tuesday, October 31. The firm has “Buy” rating given on Wednesday, June 22 by Suntrust Robinson. On Tuesday, October 31 the stock rating was maintained by SunTrust with “Buy”.

More important recent Unisys Corporation (NYSE:UIS) news were published by: Prnewswire.com which released: “Unisys Unveils LineSightâ„¢, an Advanced Analytics-Based Solution to …” on March 06, 2018, also Seekingalpha.com published article titled: “Unisys: Potential Turnaround”, Prnewswire.com published: “Unisys Names Regina Paolillo to Board of Directors” on March 13, 2018. More interesting news about Unisys Corporation (NYSE:UIS) was released by: Nasdaq.com and their article: “The Zacks Analyst Blog Highlights: Unisys, MCBC Holdings, Harsco and Heritage …” with publication date: March 14, 2018.

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