Uni-Fuels Holdings Limited (NASDAQ:UFG) Sees Large Increase in Short Interest

Uni-Fuels Holdings Limited (NASDAQ:UFG) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 149,865 shares, an increase of 66.7% from the June 30th total of 89,923 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily volume of 724,087 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Ground Swell Capital LLC acquired a new stake in Uni-Fuels in the fourth quarter worth $61,000. JPMorgan Chase & Co. acquired a new stake in shares of Uni-Fuels in the 3rd quarter valued at approximately $399,000. XTX Topco Ltd acquired a new stake in shares of Uni-Fuels in the 3rd quarter valued at approximately $566,000. Citadel Advisors LLC bought a new position in shares of Uni-Fuels in the third quarter valued at $106,000. Finally, Squarepoint Ops LLC bought a new stake in Uni-Fuels during the third quarter worth $107,000.

Uni-Fuels Trading Up 0.7%

NASDAQ UFG opened at $0.70 on Friday. Uni-Fuels has a 12 month low of $0.60 and a 12 month high of $11.00. The stock has a 50-day simple moving average of $0.76 and a 200 day simple moving average of $0.91.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Uni-Fuels in a report on Wednesday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

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.