Unico American Corporation (NASDAQ:UNAM) Shorted Shares Decreased By 27.45%

June 13, 2018 - By marketbeat

Investors sentiment is 0.5 in 2018 Q1. Its the same as in 2017Q4. It is the same, as 3 investors sold Unico American Corporation shares while 3 reduced holdings. only 1 funds opened positions while 2 raised stakes. 1.27 million shares or 10.62% less from 1.42 million shares in 2017Q4 were reported.
Renaissance Tech Ltd Liability Corporation has 0% invested in Unico American Corporation (NASDAQ:UNAM). California Pub Employees Retirement invested in 0% or 13,300 shares. Blackrock stated it has 1,030 shares. The Michigan-based Schwartz Counsel Inc has invested 0.12% in Unico American Corporation (NASDAQ:UNAM). Morgan Stanley reported 0% stake. Biglari Corporation invested in 527,100 shares. Royal Retail Bank Of Canada holds 13,401 shares. Dimensional Fund Advsrs Limited Partnership has 0% invested in Unico American Corporation (NASDAQ:UNAM).

Since June 1, 2018, it had 3 insider purchases, and 0 selling transactions for $6,206 activity.

The stock of Unico American Corporation (NASDAQ:UNAM) registered a decrease of 27.45% in short interest. UNAM’s total short interest was 3,700 shares in June as published by FINRA. Its down 27.45% from 5,100 shares, reported previously. With 3,200 shares average volume, it will take short sellers 1 days to cover their UNAM’s short positions. The short interest to Unico American Corporation’s float is 0.18%.

The stock increased 3.03% or $0.25 during the last trading session, reaching $8.5. About 944 shares traded. Unico American Corporation (NASDAQ:UNAM) has declined 24.39% since June 13, 2017 and is downtrending. It has underperformed by 36.96% the S&P500.

Unico American Corporation, through its subsidiaries, underwrites property and casualty insurance in Arizona, California, Nevada, Oregon, and Washington. The company has market cap of $45.11 million. The firm provides property, casualty, health, and life insurance products, as well as insurance premium financing and membership association services. It currently has negative earnings. The Company’s commercial property coverage insures against loss or damage to buildings, inventory, and equipment from natural disasters, including hurricanes, windstorms, hail, water, explosions, and severe winter weather, as well as other events, such as theft and vandalism, fires, storms, and financial loss due to business interruption resulting from covered property damage.

Another recent and important Unico American Corporation (NASDAQ:UNAM) news was published by Businesswire.com which published an article titled: “Unico American Corporation Reports First Quarter 2018 Financial Results” on May 15, 2018.

Unico American Corporation (NASDAQ:UNAM) Institutional Positions Chart

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