Does Unity Bancorp Inc (NASDAQ:UNTY) Have Gas After Even Less Sellers Involved?

March 14, 2018 - By Vivian Park

 Does Unity Bancorp Inc (NASDAQ:UNTY) Have Gas After Even Less Sellers Involved?

Investors sentiment increased to 2.38 in Q3 2017. Its up 0.30, from 2.08 in 2017Q2. It is positive, as 1 investors sold Unity Bancorp, Inc. shares while 7 reduced holdings. 5 funds opened positions while 14 raised stakes. 5.01 million shares or 0.28% more from 5.00 million shares in 2017Q2 were reported.
Moreover, Blackrock has 0% invested in Unity Bancorp, Inc. (NASDAQ:UNTY). Royal Bankshares Of Canada has invested 0% in Unity Bancorp, Inc. (NASDAQ:UNTY). Vanguard Gp accumulated 0% or 302,696 shares. Financial Bank Of Ny Mellon Corporation has 31,826 shares for 0% of their portfolio. Tiaa Cref Mngmt Limited Liability Corporation has invested 0% of its portfolio in Unity Bancorp, Inc. (NASDAQ:UNTY). Ejf Capital Ltd Co has invested 0.91% in Unity Bancorp, Inc. (NASDAQ:UNTY). Schwab Charles Inv Mngmt holds 0% or 13,800 shares. Ameritas Prtnrs has 677 shares. Citigroup holds 0% or 2,648 shares. Northern has 88,810 shares for 0% of their portfolio. Endicott Mgmt holds 660,635 shares or 7.72% of its portfolio. Commercial Bank Of America Corp De, North Carolina-based fund reported 359 shares. Barclays Public Llc holds 180 shares or 0% of its portfolio. Legal General Group Pcl has 1,097 shares for 0% of their portfolio. Dimensional Fund Lp has invested 0% in Unity Bancorp, Inc. (NASDAQ:UNTY).

Since December 13, 2017, it had 0 insider buys, and 1 insider sale for $101,675 activity.

The stock of Unity Bancorp Inc (NASDAQ:UNTY) registered a decrease of 9.46% in short interest. UNTY’s total short interest was 67,000 shares in March as published by FINRA. Its down 9.46% from 74,000 shares, reported previously. With 6,200 shares average volume, it will take short sellers 11 days to cover their UNTY’s short positions. The short interest to Unity Bancorp Inc’s float is 1.12%.

The stock increased 0.88% or $0.2 during the last trading session, reaching $22.9. About 2,977 shares traded. Unity Bancorp, Inc. (NASDAQ:UNTY) has risen 54.08% since March 14, 2017 and is uptrending. It has outperformed by 37.38% the S&P500.

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 market cap of $244.51 million. The firm offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts. It has a 19.08 P/E ratio. It also provides commercial, small business administration, consumer, mortgage, home equity, and personal loans.

More notable recent Unity Bancorp, Inc. (NASDAQ:UNTY) news were published by: which released: “Unity Bancorp, Inc. (UNTY) Ex-Dividend Date Scheduled for September 14, 2017” on September 13, 2017, also with their article: “Unity Bancorp, Inc. (UNTY) Ex-Dividend Date Scheduled for March 15, 2017” published on March 14, 2017, published: “Unity Bancorp Declares Cash Dividend” on February 22, 2018. More interesting news about Unity Bancorp, Inc. (NASDAQ:UNTY) were released by: and their article: “Unity Bancorp Announces Completion of $15.0 Million Common Stock Offering” published on December 08, 2016 as well as‘s news article titled: “Unity Bancorp Inc (UNTY) Files 10-K for the Fiscal Year Ended on December 31, 2017” with publication date: March 02, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.