Short Interest in Valhi, Inc. (NYSE:VHI) Drops By 10.7%

Valhi, Inc. (NYSE:VHI) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totalling 727,900 shares, a drop of 10.7% from the May 30th total of 815,300 shares. Based on an average daily trading volume, of 207,400 shares, the days-to-cover ratio is presently 3.5 days. Currently, 3.2% of the company’s shares are sold short.

Shares of NYSE:VHI opened at $2.38 on Friday. The company’s 50-day moving average is $2.33. Valhi has a 12-month low of $1.63 and a 12-month high of $5.48. The company has a market capitalization of $807.23 million, a PE ratio of 3.35 and a beta of 3.28. The company has a quick ratio of 2.56, a current ratio of 4.04 and a debt-to-equity ratio of 2.32.

Valhi (NYSE:VHI) last announced its quarterly earnings data on Thursday, May 9th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter. Valhi had a return on equity of 80.44% and a net margin of 10.38%. The firm had revenue of $486.20 million for the quarter.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 20th. Stockholders of record on Tuesday, June 4th were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.36%.

Several large investors have recently made changes to their positions in the company. Two Sigma Advisers LP grew its stake in shares of Valhi by 49.3% during the fourth quarter. Two Sigma Advisers LP now owns 20,000 shares of the basic materials company’s stock valued at $39,000 after buying an additional 6,600 shares during the last quarter. Royce & Associates LP grew its stake in shares of Valhi by 63.9% during the fourth quarter. Royce & Associates LP now owns 17,791 shares of the basic materials company’s stock valued at $34,000 after buying an additional 6,933 shares during the last quarter. Stone Ridge Asset Management LLC grew its stake in shares of Valhi by 67.6% during the fourth quarter. Stone Ridge Asset Management LLC now owns 18,099 shares of the basic materials company’s stock valued at $35,000 after buying an additional 7,300 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Valhi by 18.7% during the fourth quarter. First Trust Advisors LP now owns 48,906 shares of the basic materials company’s stock valued at $94,000 after buying an additional 7,695 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Valhi by 41.4% during the fourth quarter. Rhumbline Advisers now owns 35,015 shares of the basic materials company’s stock valued at $68,000 after buying an additional 10,250 shares during the last quarter. 3.58% of the stock is currently owned by hedge funds and other institutional investors.

About Valhi

Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses worldwide. The company's Chemicals segment produces and markets titanium dioxide pigments (TiO2), which are white inorganic pigments used in various applications by paint, plastics, decorative laminate, and paper manufacturers.

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