Unifi, Inc. (NYSE:UFI) Shares Sold by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. trimmed its position in shares of Unifi, Inc. (NYSE:UFI) by 36.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 38,884 shares of the textile maker’s stock after selling 22,333 shares during the quarter. Jacobs Levy Equity Management Inc.’s holdings in Unifi were worth $285,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UFI. Pinnacle Associates Ltd. grew its position in Unifi by 10.4% during the 2nd quarter. Pinnacle Associates Ltd. now owns 899,771 shares of the textile maker’s stock worth $5,300,000 after purchasing an additional 84,989 shares in the last quarter. Minerva Advisors LLC boosted its stake in shares of Unifi by 11.2% during the 3rd quarter. Minerva Advisors LLC now owns 810,228 shares of the textile maker’s stock valued at $5,947,000 after buying an additional 81,742 shares during the period. Acuitas Investments LLC boosted its stake in shares of Unifi by 20.4% during the 2nd quarter. Acuitas Investments LLC now owns 404,356 shares of the textile maker’s stock valued at $2,382,000 after buying an additional 68,605 shares during the period. GSA Capital Partners LLP boosted its stake in shares of Unifi by 279.2% during the 3rd quarter. GSA Capital Partners LLP now owns 60,211 shares of the textile maker’s stock valued at $442,000 after buying an additional 44,332 shares during the period. Finally, Factorial Partners LLC acquired a new stake in shares of Unifi during the 2nd quarter valued at $103,000. 67.67% of the stock is currently owned by hedge funds and other institutional investors.

Unifi Trading Down 0.4 %

Shares of NYSE:UFI opened at $5.49 on Wednesday. The firm has a fifty day moving average of $6.24 and a two-hundred day moving average of $6.23. The firm has a market capitalization of $100.30 million, a P/E ratio of -2.38 and a beta of 0.79. Unifi, Inc. has a 12-month low of $5.41 and a 12-month high of $7.91. The company has a quick ratio of 1.39, a current ratio of 3.29 and a debt-to-equity ratio of 0.46.

About Unifi

Unifi, Inc, together with its subsidiaries, engages in the manufacture and sale of recycled and synthetic products in North America, Central America, South America, Asia, and Europe. Its polyester products include partially oriented yarn, textured, solution and package dyed, twisted, beamed, and draw wound yarns in virgin or recycled varieties; and nylon products comprise virgin or recycled textured, solution dyed, and spandex covered yarns.