Uni-Fuels Holdings Limited (NASDAQ:UFG) Short Interest Up 88.0% in June

Uni-Fuels Holdings Limited (NASDAQ:UFG) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 179,157 shares, an increase of 88.0% from the May 31st total of 95,316 shares. Based on an average daily trading volume, of 877,234 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.6% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Uni-Fuels in a report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Uni-Fuels has a consensus rating of “Sell”.

Uni-Fuels Price Performance

Shares of Uni-Fuels stock traded down $0.00 during trading on Wednesday, hitting $0.77. 7,374 shares of the company were exchanged, compared to its average volume of 610,538. Uni-Fuels has a 1-year low of $0.60 and a 1-year high of $11.00. The firm’s fifty day moving average price is $0.81 and its 200 day moving average price is $0.94.

Uni-Fuels (NASDAQ:UFG) last announced its quarterly earnings results on Tuesday, May 26th. The company reported $999.00 earnings per share for the quarter. On average, equities analysts anticipate that Uni-Fuels will post 0.01 EPS for the current year.

Institutional Investors Weigh In On Uni-Fuels

Hedge funds have recently bought and sold shares of the company. Quadrature Capital Ltd bought a new position in shares of Uni-Fuels during the third quarter worth $1,384,000. Cantor Fitzgerald L. P. acquired a new stake in Uni-Fuels during the 3rd quarter worth $1,010,000. Ground Swell Capital LLC acquired a new stake in Uni-Fuels during the 4th quarter worth $61,000. XTX Topco Ltd bought a new position in Uni-Fuels during the third quarter worth about $566,000. Finally, JPMorgan Chase & Co. bought a new position in Uni-Fuels during the third quarter worth about $399,000.

Uni-Fuels Company Profile

Uni-Fuels, Inc (NASDAQ: UFG) is an independent developer and marketer of renewable transportation fuels, specializing in biodiesel and renewable diesel. The company sources feedstocks such as soybean oil, used cooking oils and animal fats, converting them through tolling arrangements into fuels that meet ASTM specifications for use in on-road and off-road diesel engines. Uni-Fuels focuses on integrating supply, production and logistics to deliver low-carbon intensity fuels that comply with U.S.