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United Insurance Short Interest Ratio and Short Volume

-0.10 (-2.07 %)
(As of 11/25/2020 12:00 AM ET)
Today's Range
Now: $4.74
50-Day Range
MA: $4.96
52-Week Range
Now: $4.74
Volume147,353 shs
Average Volume100,040 shs
Market Capitalization$204.20 million
P/E RatioN/A
Dividend Yield4.96%

Short Interest

United Insurance (NASDAQ:UIHC) Short Interest Data

Current Short Volume:248,400 shares
Previous Short Volume:291,600 shares
Change Vs. Previous Month:-14.81%
Dollar Volume Sold Short:$1.11 million
Short Interest Ratio / Days to Cover:3.0
Last Record Date:October, 30 2020
Outstanding Shares:43,190,000 shares
Float Size:20,390,000 shares
Short Percent of Float:1.22%
Today's Trading Volume:147,353 shares
Average Trading Volume:100,040 shares
Today's Volume Vs. Average:47.29%

United Insurance (NASDAQ:UIHC) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/30/2020248,400 $1.11 million -14.8%1.2%3.3$4.45
10/15/2020291,600 $1.37 million -7.6%1.4%3.7$4.70
9/30/2020315,500 $1.70 million 1.1%1.6%4.2$5.40
9/15/2020312,200 $1.95 million 7.1%1.5%4$6.23
8/31/2020291,400 $2.22 million 3.3%1.4%3.8$7.63
8/14/2020282,000 $2.12 million -20.5%1.4%3$7.51
7/31/2020354,800 $2.87 million -6.2%1.7%3.6$8.08
7/15/2020378,400 $2.80 million -7.1%1.9%3.8$7.40
6/30/2020407,200 $3.14 million 31.6%2.0%3.9$7.72
6/15/2020309,500 $2.32 million 38.9%1.5%2.8$7.50
5/29/2020222,800 $1.65 million 12.6%1.1%1.9$7.42
5/15/2020197,900 $1.55 million -32.0%1.0%1.8$7.84
4/30/2020291,200 $2.42 million 2.3%1.4%2.8$8.31
4/15/2020284,700 $2.25 million -3.3%1.4%2.7$7.89
3/31/2020294,500 $2.52 million -39.3%1.4%2.7$8.56
3/13/2020484,900 $4.42 million -8.5%2.3%5.1$9.11
2/28/2020529,700 $4.44 million -1.0%2.6%5.3$8.38
2/14/2020535,000 $4.95 million 0.8%2.6%5.4$9.25
1/31/2020530,800 $5.31 million 1.7%2.6%5.4$10.01
1/15/2020521,800 $5.63 million -11.3%2.5%5$10.79
12/31/2019588,300 $6.25 million 9.0%2.8%6$10.63

United Insurance (NASDAQ:UIHC) Short Interest FAQ

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What is United Insurance's current short interest?

Short interest is the volume of United Insurance shares that have been sold short but have not yet been covered or closed out. As of October 30th, traders have sold 248,400 shares of UIHC short. 1.22% of United Insurance's shares are currently sold short. View details.

What is a good short interest ratio for United Insurance?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. United Insurance currently has a short interest ratio of 3.0.

What is a good short interest percentage for United Insurance?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 1.22% of United Insurance's floating shares are currently sold short.

Is United Insurance's short interest increasing or decreasing?

United Insurance saw a drop in short interest in the month of October. As of October 30th, there was short interest totaling 248,400 shares, a drop of 14.8% from the previous total of 291,600 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is United Insurance's float size?

United Insurance currently has issued a total of 43,080,000 shares. Some of United Insurance's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. United Insurance currently has a public float of 20,390,000 shares.

How does United Insurance's short interest compare to its competitors?

1.22% of United Insurance's shares are currently sold short. Here is how the short interest of companies in the industry of "fire, marine, & casualty insurance" compare to United Insurance: State Auto Financial Co. (0.71%), BlackRock TCP Capital Corp. (0.73%), Watford Holdings Ltd. (1.37%), United Fire Group, Inc. (1.21%), ProSight Global, Inc. (0.28%), Universal Insurance Holdings, Inc. (3.69%), HCI Group, Inc. (5.69%), Donegal Group Inc. (1.03%), GAINSCO, Inc. (0.00%), and Global Indemnity Group, LLC (0.41%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

What does it mean to sell short United Insurance stock?

Short selling UIHC is an investing strategy that aims to generate trading profit from United Insurance as its price is falling. United Insurance's stock is trading down $0.10 today. To short United Insurance stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that United Insurance will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against United Insurance?

A short squeeze for United Insurance occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of UIHC, which in turn drives the price of the stock up even further.

How often is United Insurance's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including UIHC, twice per month. The most recent reporting period available is October, 30 2020.

This page was last updated on 11/26/2020 by MarketBeat.com Staff

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