Uniti Group Inc (NASDAQ:UNIT) Sellers Decreased By 7.6% Their Shorts As Of Jun 27, 2018

June 27, 2018 - By Alice Fox

Uniti Group Inc (NASDAQ:UNIT) had a decrease of its short interest by 7.6%. It was issued in June by FINRA the 25.39M short interest on UNIT. The down change of 7.6% from 27.48 million shares was reported. With Average volume 1.67M, UNIT’s previous position will take 15 days to restore. Uniti Group Inc float short is 15.51%.

UNIT reached $20.7 during the last trading session after $0.46 change.Uniti Group Inc. has volume of 1.24 million shares. Since June 27, 2017 UNIT has declined 19.29% and is downtrending. UNIT underperformed by 31.86% the S&P500.

Uniti Group Inc., an internally managed real estate investment trust, engages in the acquisition and construction of mission critical communications industry in the United States and Mexico.The firm is valued at $3.72 billion. It operates in four business divisions: Leasing, Fiber Infrastructure, Towers, and Consumer CLEC.Last it reported negative earnings. The firm engages in the acquisition and leasing of mission-critical communications assets, such as fiber, data centers, consumer broadband, coaxial and upgradeable copper assets.

Another two news for Uniti Group Inc. (NASDAQ:UNIT) were recently released by: Seekingalpha.com on June 07, 2018 with title “Uniti Group: Breaking Away From Windstream”. The other Seekingalpha.com‘s article was titled “Uniti Means Opportunity” and released on June 18, 2018.

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