Short Interest in United States Lime & Minerals, Inc. (NASDAQ:USLM) Rises By 26.1%

United States Lime & Minerals, Inc. (NASDAQ:USLM) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 267,000 shares, an increase of 26.1% from the December 31st total of 211,800 shares. Based on an average daily volume of 111,100 shares, the days-to-cover ratio is presently 2.4 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a research report on Tuesday, October 22nd.

Insider Activity

In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 22,261 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $141.73, for a total value of $3,155,051.53. Following the completion of the sale, the chief executive officer now owns 125,004 shares in the company, valued at approximately $17,716,816.92. This trade represents a 15.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Nathan O’neill sold 1,750 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $139.73, for a total value of $244,527.50. Following the transaction, the vice president now owns 7,880 shares of the company’s stock, valued at approximately $1,101,072.40. This represents a 18.17 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.16% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Global Retirement Partners LLC purchased a new stake in United States Lime & Minerals in the fourth quarter worth about $25,000. Farther Finance Advisors LLC grew its stake in shares of United States Lime & Minerals by 900.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock worth $30,000 after buying an additional 279 shares during the last quarter. Amalgamated Bank grew its stake in shares of United States Lime & Minerals by 400.0% in the 3rd quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock worth $35,000 after buying an additional 288 shares during the last quarter. nVerses Capital LLC bought a new position in United States Lime & Minerals during the 3rd quarter valued at approximately $49,000. Finally, FMR LLC boosted its holdings in United States Lime & Minerals by 403.0% in the third quarter. FMR LLC now owns 503 shares of the construction company’s stock worth $49,000 after acquiring an additional 403 shares in the last quarter. 27.12% of the stock is currently owned by institutional investors.

United States Lime & Minerals Stock Down 2.8 %

Shares of NASDAQ:USLM traded down $3.22 during trading on Friday, hitting $110.58. The stock had a trading volume of 523,568 shares, compared to its average volume of 107,220. United States Lime & Minerals has a 12 month low of $48.38 and a 12 month high of $159.53. The company has a market capitalization of $3.16 billion, a PE ratio of 32.05 and a beta of 0.93. The firm’s fifty day moving average is $133.58 and its 200 day moving average is $108.37.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings data on Wednesday, October 30th. The construction company reported $1.16 earnings per share (EPS) for the quarter. United States Lime & Minerals had a return on equity of 22.95% and a net margin of 32.60%. The business had revenue of $89.43 million during the quarter.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.