Wedbush Securities Inc Lowers stake in Unifi (UFI)

Unifi (UFI) : Wedbush Securities Inc reduced its stake in Unifi by 0.93% during the most recent quarter end. The investment management company now holds a total of 286,514 shares of Unifi which is valued at $7,202,962 after selling 2,703 shares in Unifi , the firm said in a disclosure report filed with the SEC on May 2, 2016.Unifi makes up approximately 1.28% of Wedbush Securities Inc’s portfolio.

Unifi closed down -0.06 points or -0.24% at $25.14 with 58,465 shares getting traded on Friday. Post opening the session at $25.01, the shares hit an intraday low of $25 and an intraday high of $25.29 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Wedge Capital Management L L Pnc reduced its stake in UFI by selling 1,000 shares or 3.47% in the most recent quarter. The Hedge Fund company now holds 27,800 shares of UFI which is valued at $698,892. Unifi makes up approx 0.01% of Wedge Capital Management L L Pnc’s portfolio.Nordea Investment Management Ab boosted its stake in UFI in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 13,700 shares of Unifi which is valued at $352,912. Hall Laurie J Trustee added UFI to its portfolio by purchasing 130 company shares during the most recent quarter which is valued at $3,349.First Manhattan Co reduced its stake in UFI by selling 1,666 shares or 15.75% in the most recent quarter. The Hedge Fund company now holds 8,912 shares of UFI which is valued at $247,130.

Unifi Inc. is a manufacturing company. The Company processes and sells commodity yarns specialized yarns and premier value-added (PVA) yarns. The Company operates through three segments: Polyester segment Nylon segment and International segment. The Polyester segment manufactures Chip partially oriented yarn (POY) textured dyed twisted beamed and draw wound yarns both virgin and recycled with sales primarily to other yarn manufacturers and knitters and weavers that produce yarn and/or fabric for the apparel hosiery automotive upholstery home furnishings industrial and other end-use markets. The Nylon segment manufactures textured yarns (both nylon and polyester) and spandex covered yarns with sales to knitters and weavers that produce fabric primarily for the apparel and hosiery markets. The International segment offers products including textured polyester and various types of resale yarns and staple fiber.

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