1.33 is Ultralife Corp’s (NASDAQ:ULBI) Institutional Investor Sentiment

July 13, 2018 - By Russell Jones

Ultralife Corporation (NASDAQ:ULBI) Logo

Sentiment for Ultralife Corp (NASDAQ:ULBI)

Ultralife Corp (NASDAQ:ULBI) institutional sentiment increased to 1.33 in 2018 Q1. Its up 0.18, from 1.15 in 2017Q4. The ratio is more positive, as 16 hedge funds increased and opened new equity positions, while 12 sold and reduced their equity positions in Ultralife Corp. The hedge funds in our partner’s database reported: 4.83 million shares, up from 4.26 million shares in 2017Q4. Also, the number of hedge funds holding Ultralife Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 10 Increased: 6 New Position: 10.

Ultralife Corporation designs, manufactures, installs, and maintains power and communications systems for government, defense, and commercial sectors worldwide. The company has market cap of $160.84 million. The firm operates through two divisions, Battery & Energy Products and Communications Systems. It has a 20.2 P/E ratio. The Battery & Energy Products segment provides lithium 9-volt batteries, cylindrical batteries, thin lithium manganese dioxide batteries, lithium ion cells and rechargeable batteries, multi-kilowatt module lithium ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables.

The stock increased 0.50% or $0.05 during the last trading session, reaching $10.1. About 4,900 shares traded. Ultralife Corporation (NASDAQ:ULBI) has risen 57.50% since July 13, 2017 and is uptrending. It has outperformed by 44.93% the S&P500.

Manatuck Hill Partners Llc holds 0.69% of its portfolio in Ultralife Corporation for 130,801 shares. Thomson Horstmann & Bryant Inc owns 396,767 shares or 0.52% of their US portfolio. Moreover, Northpointe Capital Llc has 0.31% invested in the company for 244,070 shares. The Massachusetts-based Essex Investment Management Co Llc has invested 0.15% in the stock. Shikiar Asset Management Inc, a New York-based fund reported 26,000 shares.

Since January 1, 0001, it had 1 buy, and 0 selling transactions for $20,350 activity.

Ultralife Corporation (NASDAQ:ULBI) Institutional Positions Chart

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