Unity Bancorp Inc (NASDAQ:UNTY) Shorts Decreased By 17.43%

May 3, 2018 - By Ronnie Lemelle

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

Big Money Sentiment increased to 3.5 in Q4 2017. It has change of 1.12, from 2017Q3’s 2.38. The ratio increased due to Unity Bancorp, Inc. positioning: 1 sold and 7 reduced. 7 funds amassed positions and 21 increased positions. Investors holded 5.01 million in 2017Q3 but now own 10.32 million shares or 105.93% more.
Bancorporation Of Mellon Corporation holds 0% of its capital in Unity Bancorp, Inc. (NASDAQ:UNTY) for 33,686 shs. Geode Cap Management Ltd reported 83,206 shs or 0% of all its holdings. Commercial Bank Of America De stated it has 1,308 shs. Blackrock holds 0% or 364,705 shs in its capital. Acadian Asset Mgmt Limited Com has 2,386 shs for 0% of their capital. Wells Fargo And Mn has 0% invested in Unity Bancorp, Inc. (NASDAQ:UNTY) for 34,537 shs. Legal And General Group Inc Public Ltd Company invested 0% in Unity Bancorp, Inc. (NASDAQ:UNTY). Schwab Charles Investment Mgmt holds 0% or 13,800 shs. Manufacturers Life Insurance The accumulated 0% or 448 shs. 15,238 are owned by Morgan Stanley. Ativo Mgmt Limited Liability Company holds 61,056 shs. 41,076 are owned by Deutsche Bankshares Ag. Ejf Ltd Llc owns 442,600 shs or 0.7% of their US capital. Vanguard Gru invested 0% of its capital in Unity Bancorp, Inc. (NASDAQ:UNTY). Group holds 0% or 5,196 shs in its capital.

Unity Bancorp, Inc. had 2 selling transactions and 0 buys since December 13, 2017. This’s net activity of $189,484. On Friday, March 9 a trade for 4,027 shs valued at $87,809 was made by Courtright Wayne.

Unity Bancorp Inc (NASDAQ:UNTY) registered a decrease of 17.43% in shorted shares. FINRA issued in May UNTY’s total 50,200 shorted shares. That’s 17.43% down from 60,800 shares. Unity Bancorp Inc (NASDAQ:UNTY) has 8,400 shares average volume. It’ll cost 6 days for UNTY to restore its former position. Unity Bancorp Inc float short is 0.84%.

Ticker’s shares touched $21.55 during the last trading session after 1.60% change.Unity Bancorp, Inc. has volume of 5,111 shares. Since May 3, 2017 UNTY has risen 29.71% and is uptrending. UNTY outperformed the S&P500 by 18.16%.

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 company has $230.78 million market cap. The firm offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts.17.96 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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