Uni-Fuels Holdings Limited (NASDAQ:UFG) Short Interest Down 56.6% in September

Uni-Fuels Holdings Limited (NASDAQ:UFG) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 73,700 shares, a decrease of 56.6% from the August 31st total of 169,800 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average daily volume of 1,310,000 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 1,310,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.4% of the shares of the company are sold short.

Institutional Investors Weigh In On Uni-Fuels

An institutional investor recently bought a new position in Uni-Fuels stock. Marex Group plc acquired a new stake in shares of Uni-Fuels Holdings Limited (NASDAQ:UFG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 46,882 shares of the company’s stock, valued at approximately $105,000. Marex Group plc owned about 0.16% of Uni-Fuels as of its most recent SEC filing.

Uni-Fuels Trading Down 71.2%

NASDAQ UFG opened at $1.45 on Friday. Uni-Fuels has a 52 week low of $1.12 and a 52 week high of $11.00. The firm’s 50-day simple moving average is $5.36.

Uni-Fuels Company Profile

We are a service provider of marine fuels solutions headquartered in Singapore. We market, resell and broker marine fuels products such as very low sulfur fuel oil (“VLSFO”), high sulfur fuel oil (“HSFO”), and marine gas oil (“MGO”). We offer these products to shipping companies and marine fuels suppliers worldwide in-port and offshore.