Short Interest Coverage: Today Unifi New (NYSE:UFI) Reported Increase in Shorted Shares

November 18, 2016 - By Marie Mckinney   ·   0 Comments

Short Interest Coverage: Today Unifi New (NYSE:UFI) Reported Increase in Shorted Shares

The stock of Unifi New (NYSE:UFI) registered an increase of 2.3% in short interest. UFI’s total short interest was 293,300 shares in November as published by FINRA. Its up 2.3% from 286,700 shares, reported previously. With 61,700 shares average volume, it will take short sellers 5 days to cover their UFI’s short positions. The short interest to Unifi New’s float is 1.9%. About 15,181 shares traded hands. Unifi, Inc. (NYSE:UFI) has risen 31.62% since April 18, 2016 and is uptrending. It has outperformed by 27.19% the S&P500.

Unifi, Inc. is a manufacturing company. The company has a market cap of $532.89 million. The Firm processes and sells commodity yarns, specialized yarns and premier value-added yarns. It has a 15.44 P/E ratio. The Firm operates through three divisions: Polyester segment, Nylon segment and International segment.

Insitutional Activity: The institutional sentiment decreased to 1.37 in 2016 Q2. Its down 0.72, from 2.09 in 2016Q1. The ratio fall, as 2 funds sold all Unifi, Inc. shares owned while 31 reduced positions. 27 funds bought stakes while 42 increased positions. They now own 14.56 million shares or 19.27% more from 12.21 million shares in 2016Q1.
Teachers Advsrs has 0% invested in the company for 31,415 shares. Fifth Third Bank accumulated 0% or 90 shares. Schwab Charles Invest Mngmt Incorporated holds 0% of its portfolio in Unifi, Inc. (NYSE:UFI) for 61,219 shares. Citigroup reported 8,612 shares or 0% of all its holdings. Geode Cap Management Ltd Liability accumulated 162,888 shares or 0% of the stock. California State Teachers Retirement System reported 32,839 shares or 0% of all its holdings. Mufg Americas Hldgs holds 0% or 160 shares in its portfolio. The New York-based First Manhattan Communication has invested 0% in Unifi, Inc. (NYSE:UFI). Nationwide Fund Advisors holds 0% or 12,284 shares in its portfolio. Brandywine Invest Management Lc owns 12,600 shares or 0% of their US portfolio. Walthausen Limited Co holds 1.39% of its portfolio in Unifi, Inc. (NYSE:UFI) for 492,566 shares. Kbc Grp Nv accumulated 10,567 shares or 0% of the stock. Millennium Mngmt Limited Liability Co last reported 30,169 shares in the company. High Point Fincl Bank & Tru, a North Carolina-based fund reported 633 shares. Tfs Ltd accumulated 43,838 shares or 0.22% of the stock.

Insider Transactions: Since May 19, 2016, the stock had 2 buys, and 8 sales for $1.67 million net activity. Shares for $207,061 were sold by JASPER WILLIAM L. 40,000 shares with value of $959,600 were sold by COX ARCHIBALD JR on Thursday, May 19. MEAD JAMES D. had bought 6,349 shares worth $170,710. On Friday, July 29 the insider KILTS JAMES M bought $133,638.

UFI Company Profile

Unifi, Inc., incorporated on January 8, 1969, is a manufacturing company. The Firm processes and sells commodity yarns, specialized yarns and premier value-added (PVA) yarns. The Firm operates through three divisions: Polyester segment, Nylon segment and International segment. The Company’s polyester products include polyester polymer beads (Chip), partially oriented yarn (POY), textured, solution and package dyed, twisted, beamed and draw wound yarns. Each polyester product is available in virgin or recycled varieties, where the recycled is made from both pre-consumer yarn waste and post-consumer waste, including plastic bottles. The Company’s nylon products include textured, solution dyed and spandex covered products. The Company’s principal geographic markets for its products are located in North America, Central America, South America and Asia.

More recent Unifi, Inc. (NYSE:UFI) news were published by: Bizjournals.com which released: “Unifi hires new CFO” on November 24, 2015. Also Journalnow.com published the news titled: “Unifi discloses sudden departure of top two executives” on April 29, 2016. Streetinsider.com‘s news article titled: “Unifi, Inc. (UFI) Elects New Board Member” with publication date: February 05, 2016 was also an interesting one.

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By Marie Mckinney


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