Jeffrey Gendell is Passively Buying United Bancshares

Jeffrey Gendell, Tontine, United Bancshares: Normally passive investor Tontine Asset Management just disclosed in a 13G that it owns about 5.6% of United Bankshares, Inc. (NASDAQ:UBSI). This is a new position for the macro investor.

Jeffrey Gendell of Tontine Asset Management

Disclosure: none

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