Shorts On Watch: Is Unico American Corporation (NASDAQ:UNAM)’s Fuel Running Low? Reports Show More Sellers

November 18, 2016 - By Adrian Mccoy   ·   0 Comments

Shorts On Watch: Is Unico American Corporation (NASDAQ:UNAM)’s Fuel Running Low? Reports Show More Sellers

The stock of Unico American Corporation (NASDAQ:UNAM) registered an increase of 53.33% in short interest. UNAM’s total short interest was 2,300 shares in November as published by FINRA. Its up 53.33% from 1,500 shares, reported previously. With 800 shares average volume, it will take short sellers 3 days to cover their UNAM’s short positions. The short interest to Unico American Corporation’s float is 0.12%. The stock last traded at $10.15 per share. It is down 7.33% since April 18, 2016 and is downtrending. It has underperformed by 11.76% the S&P500.

Unico American Corporation is an insurance holding company. The company has a market cap of $50.50 million. The Firm underwrites property and casualty insurance through its insurance firm subsidiary. It currently has negative earnings. It also provides property, casualty and health insurance through its agency subsidiaries and provides insurance premium financing and membership association services through its other subsidiaries.

Insitutional Activity: The institutional sentiment increased to 2 in 2016 Q2. Its up 0.80, from 1.2 in 2016Q1. The ratio improved, as 3 funds sold all Unico American Corporation shares owned while 2 reduced positions. 4 funds bought stakes while 2 increased positions. They now own 1.60 million shares or 1.54% more from 1.57 million shares in 2016Q1.
Natl Bank Of America De has 3 shares for 0% of their US portfolio. Brandywine Glob Investment Mngmt Limited Company last reported 0% of its portfolio in the stock. Schwartz Inv Counsel Inc holds 0.38% or 469,945 shares in its portfolio. California Pub Employees Retirement last reported 0% of its portfolio in the stock. Blackrock Invest Mgmt Lc reported 362 shares or 0% of all its holdings. Biglari Corporation has 0.46% invested in the company for 527,100 shares. Tower Rech Capital Ltd Limited Liability Company (Trc) reported 37 shares or 0% of all its holdings. Renaissance holds 0% or 14,100 shares in its portfolio. Cannell Cap Ltd Llc last reported 47,645 shares in the company. Blackrock Fund Advisors owns 562 shares or 0% of their US portfolio. Dimensional Fund Advsr Limited Partnership has 433,283 shares for 0% of their US portfolio. Royal Natl Bank Of Canada, a Ontario – Canada-based fund reported 52,000 shares.

UNAM Company Profile

Unico American Corporation, incorporated on February 25, 1969, is an insurance holding company. The Firm underwrites property and casualty insurance through its insurance firm subsidiary. It also provides property, casualty and health insurance through its agency subsidiaries and provides insurance premium financing and membership association services through its other subsidiaries. The Company’s activities are categorized between the Company’s segment, the insurance firm operation and other insurance operations. The Company’s remaining activities constitute a range of specialty insurance services.

More notable recent Unico American Corporation (NASDAQ:UNAM) news were published by: Quotes.Wsj.com which released: “News Unico American Corp.UNAM” on February 12, 2011, also Businesswire.com with their article: “Unico American Corporation Announces the Appointment of Lester A. Aaron as …” published on August 05, 2016, Businesswire.com published: “Unico American Corporation Reports Relocation of Headquarters” on September 17, 2015. More interesting news about Unico American Corporation (NASDAQ:UNAM) were released by: Businesswire.com and their article: “Unico American Corporation Announces Asset Impairment and Filing of Related …” published on October 15, 2015 as well as Businesswire.com‘s news article titled: “Unico American Corporation Announces Review of Strategic Alternatives” with publication date: April 04, 2016.

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By Adrian Mccoy


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