Short Interest in Uni-Select Inc. (OTCMKTS:UNIEF) Decreases By 57.1%

Uni-Select Inc. (OTCMKTS:UNIEF – Get Rating) saw a significant drop in short interest in July. As of July 15th, there was short interest totalling 47,700 shares, a drop of 57.1% from the June 30th total of 111,300 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 238.5 days.

Uni-Select Price Performance

Shares of OTCMKTS UNIEF opened at $28.88 on Friday. Uni-Select has a 1 year low of $13.00 and a 1 year high of $28.88. The firm has a 50-day simple moving average of $23.20 and a two-hundred day simple moving average of $22.26.

Wall Street Analyst Weigh In

UNIEF has been the subject of several recent research reports. Desjardins lifted their price target on Uni-Select from C$37.00 to C$39.00 in a research report on Wednesday. BMO Capital Markets lifted their price target on Uni-Select from C$36.00 to C$37.00 in a research report on Friday, May 6th. TD Securities lifted their price target on Uni-Select from C$31.00 to C$36.00 in a research report on Friday, May 6th. National Bank Financial raised their price objective on shares of Uni-Select from C$31.00 to C$33.50 in a research note on Friday, May 6th. Finally, Canaccord Genuity Group raised their price objective on shares of Uni-Select from C$35.00 to C$39.00 in a research note on Friday, July 22nd.

Uni-Select Company Profile

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Uni-Select Inc distributes automotive refinish, and industrial coatings and related products in North America. It operates through FinishMaster U.S., Canadian Automotive Group, and GSF Car Parts U.K. segments. The company also engages in the distribution of automotive aftermarket and original equipment manufacturer parts in Canada and the United Kingdom.