Under Armour Inc Class A (NYSE:UAA) Short Interest Strengthened By 8.46%

May 3, 2018 - By Carey Conley

Under Armour Inc Class A (NYSE:UAA) reported an increase of 8.46% in shorted shares. It was issued in May by FINRA the 67.66M shorted shares on UAA. The 62.38M previous shares are up with 8.46%. 13 days will cost UAA with 5.30M average volume to recover its previous position. Under Armour Inc Class A’s shorted shares float is 18.31%.

UAA is reaching $18.36 during the last trading session, after increased 1.83%.Under Armour, Inc. has 7.14M shares volume, 0.72% up from normal. UAA is downtrending and has moved 17.22% since May 3, 2017. UAA underperformed the S&P500 by 28.77%.

Under Armour, Inc., together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America.The company has $7.47 billion market cap. The firm offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes.Last it reported negative earnings. It also provides various footwear products, including running, basketball, cleated, slides and performance training, and outdoor footwear.

Under Armour, Inc. (NYSE:UAA) Ratings Coverage

Total analysts of 3 have positions in Under Armour (NYSE:UAA) as follows: 1 rated it a “Buy”, 1 with “Sell” and 1 with “Hold”. The positive are 33%. The firm has $17 highest while $9 is the lowest PT. The average target $13 is -29.19% below the last ($18.36) price. Since November 7, 2017 according to StockzIntelligence Inc Under Armour has 3 analyst reports. On Tuesday, November 7 the rating was upgraded by Susquehanna to “Neutral”. On Friday, December 15 Stifel Nicolaus upgraded the shares of UAA in report to “Buy” rating. On Friday, November 10 the stock has “Reduce” rating by Nomura.

Under Armour, Inc. (NYSE:UAA) Analyst Ratings Chart

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