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

Uni-Fuels Holdings Limited (NASDAQ:UFG) was the recipient of a large increase in short interest during 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 volume of 877,234 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.6% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Ground Swell Capital LLC bought a new stake in shares of Uni-Fuels during the fourth quarter worth $61,000. Citadel Advisors LLC bought a new position in Uni-Fuels in the third quarter valued at about $106,000. Squarepoint Ops LLC acquired a new stake in Uni-Fuels in the third quarter worth about $107,000. BNP Paribas Financial Markets acquired a new stake in Uni-Fuels in the third quarter worth about $183,000. Finally, JPMorgan Chase & Co. bought a new stake in Uni-Fuels during the 3rd quarter worth about $399,000.

Wall Street Analyst Weigh In

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

Uni-Fuels Trading Down 0.3%

Shares of NASDAQ UFG traded down $0.00 during trading on Wednesday, reaching $0.77. The company had a trading volume of 7,374 shares, compared to its average volume of 610,538. Uni-Fuels has a 52 week low of $0.60 and a 52 week high of $11.00. The business’s 50 day moving average price is $0.81 and its 200-day moving average price is $0.94.

Uni-Fuels (NASDAQ:UFG) last released its quarterly earnings results on Tuesday, May 26th. The company reported $999.00 EPS for the quarter. As a group, equities analysts expect that Uni-Fuels will post 0.01 earnings per share for the current fiscal year.

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.