Unifi, Inc. (NYSE:UFI) Short Interest Update

Unifi, Inc. (NYSE:UFI) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 266,200 shares, an increase of 16.6% from the February 13th total of 228,300 shares. Based on an average trading volume of 64,800 shares, the short-interest ratio is presently 4.1 days. Approximately 1.8% of the shares of the company are sold short.

Unifi Trading Up 1.1 %

NYSE UFI opened at $5.04 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.46 and a current ratio of 3.44. The firm has a market cap of $92.40 million, a PE ratio of -2.75 and a beta of 0.80. Unifi has a one year low of $4.83 and a one year high of $7.91. The firm’s fifty day moving average is $5.68 and its two-hundred day moving average is $6.08.

Unifi (NYSE:UFI) last posted its quarterly earnings data on Wednesday, February 5th. The textile maker reported ($0.86) EPS for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.31). Unifi had a negative net margin of 5.62% and a negative return on equity of 14.49%. Analysts expect that Unifi will post -2.25 earnings per share for the current year.

Insider Activity at Unifi

In related news, Director Kenneth G. Langone purchased 16,097 shares of Unifi stock in a transaction that occurred on Monday, February 10th. The stock was purchased at an average cost of $5.55 per share, with a total value of $89,338.35. Following the completion of the transaction, the director now directly owns 2,352,000 shares in the company, valued at approximately $13,053,600. The trade was a 0.69 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 17.85% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its stake in shares of Unifi by 5,775.3% during the third quarter. JPMorgan Chase & Co. now owns 11,163 shares of the textile maker’s stock worth $82,000 after acquiring an additional 10,973 shares during the period. Barclays PLC increased its stake in shares of Unifi by 778.3% during the third quarter. Barclays PLC now owns 11,479 shares of the textile maker’s stock worth $85,000 after acquiring an additional 10,172 shares during the period. OneDigital Investment Advisors LLC increased its stake in shares of Unifi by 25.0% during the third quarter. OneDigital Investment Advisors LLC now owns 15,000 shares of the textile maker’s stock worth $110,000 after acquiring an additional 3,000 shares during the period. Virtu Financial LLC acquired a new position in shares of Unifi during the third quarter worth about $128,000. Finally, Empowered Funds LLC increased its stake in shares of Unifi by 5.0% during the third quarter. Empowered Funds LLC now owns 36,304 shares of the textile maker’s stock worth $266,000 after acquiring an additional 1,742 shares during the period. 67.67% of the stock is currently owned by institutional investors and hedge funds.

Unifi Company Profile

Unifi, Inc, together with its subsidiaries, engages in the manufacture and sale of recycled and synthetic products in North America, Central America, South America, Asia, and Europe. Its polyester products include partially oriented yarn, textured, solution and package dyed, twisted, beamed, and draw wound yarns in virgin or recycled varieties; and nylon products comprise virgin or recycled textured, solution dyed, and spandex covered yarns.