Unity Bancorp Inc (NASDAQ:UNTY) Sellers Declined By 8.46% Their Shorts

June 27, 2018 - By Julia Strobel

Unity Bancorp, Inc. (NASDAQ:UNTY) Corporate Logo

Big Money Sentiment decreased to 0.72 in 2018 Q1. It has change of 2.78, from 2017Q4’s 3.5. The ratio is negative due to Unity Bancorp, Inc. positioning: 4 sold and 14 reduced. 3 funds amassed stakes and 10 increased stakes. Investors holded 10.32 million in 2017Q4 but now own 5.15 million shares or 50.09% less.
Great West Life Assurance Can holds 37 shs or 0% of its capital. Wellington Mgmt Llp reported 0% in Unity Bancorp, Inc. (NASDAQ:UNTY). Wells Fargo Mn invested in 34,716 shs or 0% of the stock. Geode Mngmt Limited Liability Company holds 0% of its capital in Unity Bancorp, Inc. (NASDAQ:UNTY) for 83,999 shs. Lsv Asset has 0% invested in Unity Bancorp, Inc. (NASDAQ:UNTY) for 23,470 shs. Financial Bank Of America De has 0% invested in Unity Bancorp, Inc. (NASDAQ:UNTY) for 726 shs. Tower Cap Ltd Liability Corp (Trc) invested in 0% or 99 shs. Barclays Pcl owns 1,609 shs. 4,931 are owned by American Gp. Ameritas Ptnrs holds 0% of its capital in Unity Bancorp, Inc. (NASDAQ:UNTY) for 677 shs. 442,600 were reported by Ejf Capital Limited Liability Company. 962,657 were accumulated by Banc Funds Com Llc. Emerald Mutual Fund Advisers Trust invested 0.15% of its capital in Unity Bancorp, Inc. (NASDAQ:UNTY). 350,343 are held by Dimensional Fund Lp. Strs Ohio reported 2,200 shs.

Unity Bancorp, Inc. had 3 insider sales and 0 buys since March 9, 2018. This’s net activity of $202,984. Courtright Wayne had sold 4,027 shs worth $87,809.

Unity Bancorp Inc (NASDAQ:UNTY) had a decrease of its shorted shares by 8.46%. FINRA published in June UNTY’s total 41,100 shorted shares. The 44,900 previous shares are down with 8.46%. 5 days will cost UNTY with 7,900 average volume to restore its former position. Unity Bancorp Inc float short is 0.69%.

UNTY is hitting $23.6 during the last trading session, after increased 0.85%.Unity Bancorp, Inc. has volume of 488 shares. Since June 27, 2017 UNTY has risen 41.80% and is uptrending. The stock outperformed the S&P 500 by 29.23%.

Unity Bancorp Inc. operates as a bank holding firm for Unity Bank that provides a range of business and consumer financial services to individuals, small and medium sized businesses, and professional communities.The firm is valued at $252.74 million. The firm offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts.17.09 is the P/E ratio. It also provides commercial, small business administration, consumer, mortgage, home equity, and personal loans.

Unity Bancorp, Inc. (NASDAQ:UNTY) Institutional Investors Chart

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