Ubiquiti Networks Inc (NASDAQ:UBNT) Shorted Shares Increased By 2.33%

May 3, 2018 - By Ronnie Lemelle

Ubiquiti Networks, Inc. (NASDAQ:UBNT) Corporate Logo

During Q4 2017 the big money sentiment decreased to 0.59. That’s change of 0.63, from 2017Q3’s 1.22. 31 investors sold all, 60 reduced holdings as Ubiquiti Networks, Inc. ratio fall. 26 grew stakes while 28 funds bought stakes. Funds hold 22.83 million shares thus 10.50% less from 2017Q3’s 25.51 million shares.
California State Teachers Retirement System accumulated 35,362 shs. Anchor Capital Advsr Limited Co reported 353,780 shs or 0.89% of all its holdings. Geode Cap Management Ltd Limited Liability Company holds 0.01% or 242,671 shs in its capital. Alps holds 8,061 shs. Fernwood Management Lc, a Massachusetts-based fund reported 21,650 shs. Regions Finance holds 0% or 48 shs in its capital. Credit Suisse Ag invested in 34,926 shs or 0% of the stock. 3,950 were accumulated by Hikari Power Limited. Comml Bank Of Montreal Can stated it has 0% in Ubiquiti Networks, Inc. (NASDAQ:UBNT). Aperio Gru Limited Liability Corp reported 3,541 shs or 0% of all its holdings. State Of Tennessee Treasury Department has invested 0.29% of its capital in Ubiquiti Networks, Inc. (NASDAQ:UBNT). Natl Bank Of America Corp De holds 98,233 shs. Jackson Square Partners Ltd invested in 1.19M shs or 0.43% of the stock. Hightower Advisors Ltd Limited Liability Company, a Illinois-based fund reported 11,215 shs. Ameritas Invest Partners holds 0.01% or 2,030 shs.

Change of 2.33% for Ubiquiti Networks Inc (NASDAQ:UBNT)’s shares shorted was recorded. FINRA announced shares shorted of UBNT’s total 8.69 million shares. The 8.50M previous shares are up with 2.33%. 21 days will cost UBNT with 407,400 average volume to recover its former position. Ubiquiti Networks Inc float short is 40.4%.

UBNT is hitting $72.19 during the last trading session, after increased 0.67%.Currently Ubiquiti Networks, Inc. is uptrending after 36.38% change in last May 3, 2017. UBNT has 157,363 shares volume. The stock outperformed the S&P500 by 24.83%.

Ubiquiti Networks, Inc. develops networking technology for service providers, enterprises, and clients worldwide.The firm is worth $5.61 billion. The company??s service well-known provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and other complimentary WLAN products.39.77 is the P/E ratio. The Company’s products and solutions include radios, antennas, software, communications protocols, and management tools to deliver carrier and enterprise class wireless broadband access and other services in the unlicensed RF spectrum.

Ubiquiti Networks, Inc. (NASDAQ:UBNT) Ratings Coverage

A total of 2 analysts rate Ubiquiti Networks (NASDAQ:UBNT) as follows: 0 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 0 are bullish. The firm has $63 highest and $55 lowest target. The avg target $59 is -18.27% below the last ($72.19) price. (NASDAQ:UBNT) has 3 ratings reports on May 3, 2018 according to StockzIntelligence. The stock rating was maintained by BMO Capital Markets with “Market Perform” on Friday, November 10. On Friday, February 9 the stock of Ubiquiti Networks, Inc. (NASDAQ:UBNT) has “Hold” rating given by Deutsche Bank. The stock rating was maintained by BMO Capital Markets with “Market Perform” on Friday, February 9.

Ubiquiti Networks, Inc. (NASDAQ:UBNT) Institutional Investors Chart

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