As of Jun 27, 2018 Unity Bancorp Inc (NASDAQ:UNTY) Sellers Reduced Their Shorts By 8.46%

June 27, 2018 - By Matthew Medley

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

During 2018 Q1 the big money sentiment decreased to 0.72. That’s change of 2.78, from 2017Q4’s 3.5. 4 investors sold all, 14 reduced holdings as Unity Bancorp, Inc. ratio dropped. 10 grew stakes while 3 funds acquired stakes. Funds hold 5.15 million shares thus 50.09% less from 2017Q4’s 10.32 million shares.
Northern Corporation accumulated 88,695 shs. Ameritas Investment holds 0% of its capital in Unity Bancorp, Inc. (NASDAQ:UNTY) for 677 shs. Citigroup reported 2,477 shs. 34,618 are owned by Bancshares Of Ny Mellon Corporation. Endicott Mgmt invested in 9.5% or 660,635 shs. California Pub Employees Retirement Sys invested 0% in Unity Bancorp, Inc. (NASDAQ:UNTY). Morgan Stanley stated it has 0% of its capital in Unity Bancorp, Inc. (NASDAQ:UNTY). Jpmorgan Chase And Com has 1,554 shs. Ejf Capital Limited Liability owns 442,600 shs. Pennsylvania-based Emerald Mutual Fund Advisers has invested 0.15% in Unity Bancorp, Inc. (NASDAQ:UNTY). Schwab Charles Inv Management holds 0% or 13,800 shs. State Common Retirement Fund has invested 0% in Unity Bancorp, Inc. (NASDAQ:UNTY). State Street Corporation reported 0% of its capital in Unity Bancorp, Inc. (NASDAQ:UNTY). Bnp Paribas Arbitrage owns 1,642 shs or 0% of their US capital. Wellington Mngmt Group Limited Liability Partnership reported 0% of its capital in Unity Bancorp, Inc. (NASDAQ:UNTY).

Unity Bancorp, Inc. had 3 sales and 0 buys since March 9, 2018. This’s net activity of $202,984. On Friday, March 9 Courtright Wayne sold $87,809 worth of Unity Bancorp, Inc. (NASDAQ:UNTY).

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

The stock increased 0.85% or $0.2 during the last trading session, reaching $23.6.Currently Unity Bancorp, Inc. is uptrending after 41.80% change in last June 27, 2017. UNTY has 488 shares volume. UNTY outperformed by 29.23% the S&P 500.

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 worth $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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