Could Unifi Inc New (NYSE:UFI) Skyrocket? The Stock Has Too Many Sellers

March 14, 2018 - By Kurt Siggers

 Could Unifi Inc New (NYSE:UFI) Skyrocket? The Stock Has Too Many Sellers

Investors sentiment increased to 1.7 in 2017 Q3. Its up 0.27, from 1.43 in 2017Q2. It increased, 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.
California State Teachers Retirement System invested in 0% or 24,591 shares. Mason Street Advsrs Llc holds 0% of its portfolio in Unifi, Inc. (NYSE:UFI) for 4,292 shares. Mutual Of America Cap Mgmt Llc stated it has 0.09% in Unifi, Inc. (NYSE:UFI). Ameriprise Inc owns 91,131 shares for 0% of their portfolio. Moreover, Great West Life Assurance Can has 0% invested in Unifi, Inc. (NYSE:UFI) for 25,504 shares. Mufg Americas Holdg has invested 0% in Unifi, Inc. (NYSE:UFI). James Investment invested in 0.04% or 31,998 shares. Commercial Bank Of Montreal Can invested in 2,955 shares. Matarin Cap Management Llc stated it has 15,354 shares or 0.05% of all its holdings. Envestnet Asset Management Inc invested in 1,897 shares or 0% of the stock. 12,500 are owned by Mycio Wealth Ltd Liability Corp. Prudential Incorporated owns 0% invested in Unifi, Inc. (NYSE:UFI) for 63,371 shares. State Of Tennessee Treasury Department reported 0% stake. Wells Fargo And Mn holds 0% or 22,637 shares. Buckhead Capital Mngmt Limited Liability Corp has 0.08% invested in Unifi, Inc. (NYSE:UFI).

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

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