Could Unico American Corporation (NASDAQ:UNAM) See a Reversal After More Sellers Came In?

March 14, 2018 - By Michael Collier

 Could Unico American Corporation (NASDAQ:UNAM) See a Reversal After More Sellers Came In?

Investors sentiment increased to 0.75 in Q3 2017. Its up 0.25, from 0.5 in 2017Q2. It is positive, as 2 investors sold Unico American Corporation shares while 2 reduced holdings. 1 funds opened positions while 2 raised stakes. 1.45 million shares or 6.39% less from 1.54 million shares in 2017Q2 were reported.
Schwartz Inv Counsel Inc reported 0.25% of its portfolio in Unico American Corporation (NASDAQ:UNAM). Biglari reported 527,100 shares stake. Dimensional Fund Lp reported 423,959 shares. Brandywine Mngmt Limited Com holds 0% or 22,300 shares. California Pub Employees Retirement holds 0% of its portfolio in Unico American Corporation (NASDAQ:UNAM) for 13,300 shares. Renaissance Techs Ltd Liability owns 15,800 shares or 0% of their US portfolio. Royal National Bank Of Canada has invested 0% in Unico American Corporation (NASDAQ:UNAM). Blackrock reported 1,030 shares. Morgan Stanley holds 0% of its portfolio in Unico American Corporation (NASDAQ:UNAM) for 600 shares.

The stock of Unico American Corporation (NASDAQ:UNAM) registered an increase of 20% in short interest. UNAM’s total short interest was 2,400 shares in March as published by FINRA. Its up 20% from 2,000 shares, reported previously. With 2,800 shares average volume, it will take short sellers 1 days to cover their UNAM’s short positions. The short interest to Unico American Corporation’s float is 0.12%.

It closed at $8.25 lastly. It is down 17.23% since March 14, 2017 and is downtrending. It has underperformed by 33.93% the S&P500.

Unico American Corporation, through its subsidiaries, underwrites property and casualty insurance in Arizona, California, Nevada, Oregon, and Washington. The company has market cap of $43.78 million. The firm provides property, casualty, health, and life insurance products, as well as insurance premium financing and membership association services. It currently has negative earnings. The Company’s commercial property coverage insures against loss or damage to buildings, inventory, and equipment from natural disasters, including hurricanes, windstorms, hail, water, explosions, and severe winter weather, as well as other events, such as theft and vandalism, fires, storms, and financial loss due to business interruption resulting from covered property damage.

More notable recent Unico American Corporation (NASDAQ:UNAM) news were published by: which released: “Unico American Corporation Announces Conclusion of Strategic Alternatives …” on January 30, 2018, also with their article: “Unico American Corporation Reports Second Quarter 2017 Financial Results” published on August 11, 2017, published: “Unico American Corporation Reports First Quarter 2017 Financial Results” on May 15, 2017. More interesting news about Unico American Corporation (NASDAQ:UNAM) were released by: and their article: “Unico American Corporation Announces Appointment of Directors and Elimination …” published on July 17, 2017 as well as‘s news article titled: “Unico American Corporation Announces Review of Strategic Alternatives” with publication date: April 04, 2016.

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