Under Armour Inc (NYSE:UAA) saw a large growth in short interest in January. As of January 12th, there was short interest totalling 57,239,725 shares, a growth of 11.2% from the December 29th total of 51,471,218 shares. Approximately 31.2% of the company’s stock are sold short. Based on an average trading volume of 6,049,882 shares, the short-interest ratio is currently 9.5 days.
Under Armour (NYSE UAA) opened at $13.65 on Friday. The company has a quick ratio of 1.16, a current ratio of 2.23 and a debt-to-equity ratio of 0.37. The stock has a market cap of $5,750.00, a PE ratio of 42.66, a PEG ratio of 3.58 and a beta of -0.04. Under Armour has a twelve month low of $11.40 and a twelve month high of $23.46.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. purchased a new position in shares of Under Armour in the 2nd quarter valued at about $393,172,000. BlackRock Inc. purchased a new position in shares of Under Armour in the 2nd quarter valued at about $238,861,000. Bamco Inc. NY increased its holdings in shares of Under Armour by 10.8% in the 3rd quarter. Bamco Inc. NY now owns 7,704,996 shares of the company’s stock valued at $126,978,000 after purchasing an additional 750,325 shares in the last quarter. State Street Corp purchased a new position in shares of Under Armour in the 2nd quarter valued at about $157,325,000. Finally, Hexavest Inc. purchased a new position in shares of Under Armour in the 4th quarter valued at about $39,368,000. Institutional investors and hedge funds own 32.09% of the company’s stock.
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About Under Armour
Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.
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