Uni-Fuels Holdings Limited (NASDAQ:UFG) Short Interest Up 1,392.5% in September

Uni-Fuels Holdings Limited (NASDAQ:UFG) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 1,100,000 shares, an increase of 1,392.5% from the September 15th total of 73,700 shares. Based on an average daily trading volume, of 2,000,000 shares, the days-to-cover ratio is presently 0.6 days. Approximately 21.1% of the shares of the stock are short sold. Approximately 21.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,000,000 shares, the days-to-cover ratio is presently 0.6 days.

Uni-Fuels Price Performance

Shares of UFG stock opened at $1.01 on Friday. The stock has a 50-day moving average price of $4.97. Uni-Fuels has a 12 month low of $0.77 and a 12 month high of $11.00.

Institutional Trading of Uni-Fuels

An institutional investor recently bought a new position in Uni-Fuels stock. Marex Group plc acquired a new position in Uni-Fuels Holdings Limited (NASDAQ:UFG) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 46,882 shares of the company’s stock, valued at approximately $105,000. Marex Group plc owned 0.16% of Uni-Fuels as of its most recent SEC filing.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Uni-Fuels in a research note on Tuesday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Uni-Fuels Company Profile

We are a service provider of marine fuels solutions headquartered in Singapore. We market, resell and broker marine fuels products such as very low sulfur fuel oil (“VLSFO”), high sulfur fuel oil (“HSFO”), and marine gas oil (“MGO”). We offer these products to shipping companies and marine fuels suppliers worldwide in-port and offshore.