Stock Price Forecast
The 10 analysts offering 12-month price forecasts for UWM Holdings Corp have a median target of 5.00, with a high estimate of 6.50 and a low estimate of 4.50. The median estimate represents a +21.65% increase from the last price of 4.11.
Similarly, Is UWMC shorted?
Short selling UWMC is an investing strategy that aims to generate trading profit from UWM as its price is falling. UWM’s stock is trading down $0.18 today. To short UWM stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender.
Is UWMC on the Russell? We are happy to announce that $UWMC has been included in the preliminary list of IPO additions for the Russell 1000 and Russell 3000 indexes.
Thereof, Is UWMC a short squeeze?
According to Ortex, 15% of UWMC’s float was shorted, as per the latest estimate — see below. Such high numbers raise the possibility of a short squeeze, especially as UWMC stock has a small float of around 97 million shares and daily traded volume of only about 3 million.
What does UWM Holdings do?
About UWM Holdings Corp
The Company is a wholesale lender and underwrites and provides closing documentation for residential mortgage loans originated by independent mortgage brokers, correspondents, small banks and local credit unions provides lending support.
Is UWMC short squeeze?
« …according to ShortSqueeze.
…
UWMC.
| Short Squeeze Ranking™ | View |
|---|---|
| Short Interest Ratio (Days To Cover) | 7.4 |
| Short Percent of Float | 25.12 % |
| Short % Increase / Decrease | 24 % |
| Short Interest (Current Shares Short) | 21,610,000 |
What are the most shorted stocks?
Most Shorted Stocks Right Now
- Nikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% …
- Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. …
- SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. …
- Beyond Meat, Inc. (NASDAQ:BYND) …
- Lemonade, Inc. (NYSE:LMND)
What is the short interest in UWMC?
UWM Holdings Corp.
| Volume | 2.93M |
|---|---|
| Latest Dividend | $0.1000 |
| Ex-Dividend Date | Mar 11, 2022 |
| Beta | 0.26 |
| Short Interest | 17.37M (02/28/22) |
Is Rocket mortgage in the Russell 1000?
The mortgage company will be added to the Russell 1000 and Russell 3000 indices. The addition fueled social media chatter that had already been focused on mortgages following Rocket Companies’ 71% surge in the previous session.
Do stocks Go Up When added to Russell?
When a company from the Russell 1000 just makes it into the Russell 2000, its share price rises compared to that of a company that narrowly missed making it in. The reverse move triggers a stock price decline.
Do stocks Go Up When added to Russell 3000?
In the weeks ahead, there’s likely to be unusual increases in volume in a number of the stocks that are being added to the Russell 3000. Index funds make up a substantial percentage of the daily trading in the stock market.
What is the short interest on UWMC?
Share Statistics
| Avg Vol (3 month) 3 | 2.86M |
|---|---|
| Float 8 | 88.18M |
| % Held by Insiders 1 | 3.63% |
| % Held by Institutions 1 | 33.50% |
| Shares Short (Feb 15, 2022) 4 | 15.52M |
When should shorts be covered?
There are no set rules regarding how long a short sale can last before being closed out. The lender of the shorted shares can request that the shares be returned by the investor at any time, with minimal notice, but this rarely happens in practice so long as the short seller keeps paying their margin interest.
Who owns UWM mortgage?
Mat Ishbia is the president and CEO of Michigan-based mortgage lender United Wholesale Mortgage–now UWM Holdings, founded by his father Jeff in 1986. He owns a 71% stake in the company, which went public through a merger with a blank check company in January 2021.
How many shares of Uwmc exist?
Share Statistics
| Avg Vol (3 month) 3 | 2.85M |
|---|---|
| Shares Outstanding 5 | 103.1M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 88.18M |
| % Held by Insiders 1 | 3.63% |
What kind of stock is Uwmc?
UWM Holdings Corporation Class A Common Stock (UWMC)
What does it mean when a stock is squeezed?
The term squeeze can be used to describe several situations that involve some sort of market pressure. In finance, the term is used to describe situations wherein short-sellers purchase stock to cover losses or when investors sell long positions to take capital gains off the table.
Who is shorting AMC?
Bank of America Is Shorting AMC Stock. Bank of America is on the list of the top 10 institutions shorting AMC stock. BofA is known for being an untrustworthy bank for the people, so it comes as no surprise.
Is SNDL a shorted stock?
Short Shares Availability
This table shows the number of shares of US:SNDL available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.
How do you tell if a stock is heavily shorted?
Search for the stock, click on the Statistics tab, and scroll down to Share Statistics, where you’ll find the key information about shorting, including the number of short shares for the company as well as the short ratio.
Does shorting a stock hurt the company?
It is widely agreed that excessive short sale activity can cause sudden price declines, which can undermine investor confidence, depress the market value of a company’s shares and make it more difficult for that company to raise capital, expand and create jobs.
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