United Community Financial Corp (NASDAQ:UCFC) Short Interest Up 10.9% in June

United Community Financial Corp (NASDAQ:UCFC) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 175,200 shares, an increase of 10.9% from the May 15th total of 158,000 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 96,500 shares, the short-interest ratio is presently 1.8 days.

Shares of NASDAQ UCFC traded down $0.05 during midday trading on Friday, reaching $9.26. 58,563 shares of the stock were exchanged, compared to its average volume of 101,692. The business’s 50-day moving average is $9.39. The stock has a market capitalization of $454.28 million, a P/E ratio of 12.51 and a beta of 0.50. United Community Financial has a 12 month low of $8.49 and a 12 month high of $11.28. The company has a quick ratio of 1.00, a current ratio of 1.03 and a debt-to-equity ratio of 0.65.

United Community Financial (NASDAQ:UCFC) last posted its quarterly earnings data on Tuesday, April 16th. The savings and loans company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.02). The company had revenue of $28.26 million during the quarter, compared to the consensus estimate of $28.00 million. United Community Financial had a net margin of 27.09% and a return on equity of 12.11%. Equities research analysts anticipate that United Community Financial will post 0.81 earnings per share for the current year.

A number of analysts recently weighed in on the stock. ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Boenning Scattergood reissued a “hold” rating on shares of WesBanco in a report on Wednesday, April 17th. BidaskClub raised shares of Zumiez from a “sell” rating to a “hold” rating in a report on Saturday, June 22nd. Finally, Zacks Investment Research lowered shares of First Bancorp from a “buy” rating to a “hold” rating in a report on Friday, June 14th.

In other United Community Financial news, CFO Timothy Esson sold 5,000 shares of the firm’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $9.38, for a total transaction of $46,900.00. Following the completion of the transaction, the chief financial officer now owns 75,864 shares in the company, valued at $711,604.32. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.20% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA lifted its position in United Community Financial by 424.9% in the 1st quarter. BNP Paribas Arbitrage SA now owns 9,999 shares of the savings and loans company’s stock valued at $93,000 after acquiring an additional 8,094 shares in the last quarter. Legal & General Group Plc increased its stake in United Community Financial by 56.2% in the 4th quarter. Legal & General Group Plc now owns 10,843 shares of the savings and loans company’s stock valued at $96,000 after buying an additional 3,902 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in United Community Financial in the 1st quarter valued at $117,000. SG Americas Securities LLC acquired a new stake in United Community Financial in the 1st quarter valued at $121,000. Finally, Citigroup Inc. increased its stake in United Community Financial by 17.9% in the 4th quarter. Citigroup Inc. now owns 15,420 shares of the savings and loans company’s stock valued at $136,000 after buying an additional 2,342 shares during the last quarter. 63.46% of the stock is currently owned by institutional investors and hedge funds.

United Community Financial Company Profile

United Community Financial Corp. operates as the holding company for Home Savings Bank that provides consumer and business banking services. The company offers various deposit instruments, including checking accounts, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.

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