November 18, 2016 - By Hazel Jackson · 0 Comments
The stock of Ufp Technologies Incorporated (NASDAQ:UFPT) registered an increase of 3% in short interest. UFPT’s total short interest was 171,900 shares in November as published by FINRA. Its up 3% from 166,900 shares, reported previously. With 26,000 shares average volume, it will take short sellers 7 days to cover their UFPT’s short positions. The short interest to Ufp Technologies Incorporated’s float is 3.17%. About 4,782 shares traded hands. UFP Technologies, Inc. (NASDAQ:UFPT) has risen 12.57% since April 18, 2016 and is uptrending. It has outperformed by 8.14% the S&P500.
UFP Technologies, Inc. is a designer and custom converter of foams, plastics, composites and natural fiber materials. The company has a market cap of $186.48 million. The Firm is engaged in providing solutions to clients primarily within the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets. It has a 23.02 P/E ratio. It converts these materials using laminating, molding, and fabricating manufacturing technologies.
Insitutional Activity: The institutional sentiment decreased to 1.53 in 2016 Q2. Its down 0.17, from 1.7 in 2016Q1. The ratio dropped, as 9 funds sold all UFP Technologies, Inc. shares owned while 11 reduced positions. 12 funds bought stakes while 22 increased positions. They now own 4.28 million shares or 1.71% less from 4.35 million shares in 2016Q1.
Ladenburg Thalmann Fincl Service, a Florida-based fund reported 310 shares. Wells Fargo Co Mn holds 0% or 1 shares in its portfolio. Manufacturers Life Insur The has 0% invested in the company for 5,285 shares. Moreover, Lsv Asset Management has 0% invested in UFP Technologies, Inc. (NASDAQ:UFPT) for 56,259 shares. The Connecticut-based Thomson Horstmann Bryant has invested 0.93% in UFP Technologies, Inc. (NASDAQ:UFPT). National Bank Of America De last reported 1,930 shares in the company. Blackrock Mngmt Limited Liability Company accumulated 0% or 25,741 shares. Earnest Prtnrs Lc, a Georgia-based fund reported 1,700 shares. Eagle Glob Advsr Limited Liability Corporation holds 9,906 shares or 0.01% of its portfolio. Blackrock Advisors Limited Liability Company holds 0% or 3,270 shares in its portfolio. Cubic Asset Mngmt Limited Company holds 0.41% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT) for 53,019 shares. Panagora Asset has invested 0% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT). Boston Partners owns 188,550 shares or 0.01% of their US portfolio. Euclidean Techs Management Ltd last reported 1.55% of its portfolio in the stock. Oxford Asset Management last reported 0.02% of its portfolio in the stock.
Insider Transactions: Since June 9, 2016, the stock had 0 insider purchases, and 1 insider sale for $79,200 net activity. 3,600 shares were sold by SHAW DANIEL J, worth $79,200.
UFP Technologies, Inc., incorporated on October 15, 1993, is a designer and custom converter of foams, plastics, composites and natural fiber materials. The Firm is engaged in providing solutions to clients primarily within the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets. It converts these materials using laminating, molding and fabricating manufacturing technologies. The Company’s raw materials consist of polyethylene and polyurethane foams, sheet plastics, pulp fiber, cross-linked polyethylene and reticulated polyurethane foams, fabric and foam laminates, and natural fiber materials. The Firm converts these materials to provide clients various solutions, including automotive interior trim, medical device components, disposable wound care components, military uniform and gear components, athletic padding, air filtration, high-temperature insulation, abrasive nail files and other beauty aids, and cushion packaging for their products.
More news for UFP Technologies, Inc. (NASDAQ:UFPT) were recently published by: Businesswire.com, which released: “UFP Technologies Appoints Dan Croteau to its Board” on December 16, 2015. Streetinsider.com‘s article titled: “Form 4 UFP TECHNOLOGIES INC For: Nov 09 Filed by: Stevenson David K” and published on November 14, 2016 is yet another important article.
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By Hazel Jackson