United Natural Foods (NASDAQ:UNFI), A drop of 145,565 shares or 4.3% was seen in the short interest of United Natural Foods, Inc.. Even as the interest dropped from 3,370,849 shares on May 31,2016 to 3,225,284 shares on June 15,2016, the days to cover came in at 2. The updated interest stood at 6.6% of the stocks floats. The stock has seen an average daily volume of 1,312,260 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
United Natural Foods (NASDAQ:UNFI): The stock opened at $44.22 on Friday but the bulls could not build on the opening and the stock topped out at $45.14 for the day. The stock traded down to $43.73 during the day, due to lack of any buying support eventually closed down at $45.00 with a loss of -1.62% for the day. The stock had closed at $45.74 on the previous day. The total traded volume was 2,123,183 shares.
The company shares have dropped -28.48% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $64.90 and the one year low was seen on Feb 29, 2016. The 50-Day Moving Average price is $39.05 and the 200 Day Moving Average price is recorded at $37.73.
United Natural Foods (NASDAQ:UNFI) has tumbled 0.2% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 24.65% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 1.46% and the outperformance has advanced to 28.43% for the last 4 weeks period.
United Natural Foods, Inc. is a distributor of natural, organic and specialty foods and non-food products in the United States and Canada. It offers products, in six product categories: grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and food service products and personal care items. Its operations consist of three operating divisions: wholesale division, which includes its natural, organic and specialty distribution business in the United States; UNFI Canada, which is its natural, organic and specialty business in Canada; Alberts Organics, Inc. and Select Nutrition; retail division, consisting of EOM, which operates its 12 natural products retail stores within the United States; manufacturing division, consisting of Woodstock Farms Manufacturing. In July 2014, the Company acquired all of stock of Tonys Fine Foods, making it a wholly-owned subsidiary of the Company.