LSB Industries, Inc. (NYSE:LXU) Short Interest Update

LSB Industries, Inc. (NYSE:LXU) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 1,194,300 shares, a growth of 30.4% from the May 30th total of 915,700 shares. Based on an average daily volume of 107,800 shares, the days-to-cover ratio is presently 11.1 days. Currently, 4.9% of the company’s shares are short sold.

A number of research analysts have recently issued reports on the company. Zacks Investment Research raised DLH from a “sell” rating to a “hold” rating in a research note on Tuesday. ValuEngine downgraded Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd.

Shares of NYSE:LXU traded down $0.17 during midday trading on Friday, reaching $3.31. The company’s stock had a trading volume of 135,532 shares, compared to its average volume of 116,697. The firm has a market capitalization of $95.23 million, a price-to-earnings ratio of -0.95 and a beta of 4.27. The company has a quick ratio of 1.03, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. The stock has a 50 day moving average of $3.64. LSB Industries has a fifty-two week low of $3.12 and a fifty-two week high of $10.00.

LSB Industries (NYSE:LXU) last posted its quarterly earnings results on Tuesday, April 30th. The conglomerate reported ($0.69) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.71) by $0.02. LSB Industries had a negative return on equity of 22.24% and a negative net margin of 21.02%. The business had revenue of $94.15 million for the quarter. As a group, sell-side analysts anticipate that LSB Industries will post -2.88 EPS for the current year.

Hedge funds have recently bought and sold shares of the stock. Citigroup Inc. raised its stake in LSB Industries by 522.9% during the 4th quarter. Citigroup Inc. now owns 12,334 shares of the conglomerate’s stock worth $68,000 after buying an additional 10,354 shares during the period. Bank of New York Mellon Corp raised its stake in LSB Industries by 2.8% during the 4th quarter. Bank of New York Mellon Corp now owns 243,612 shares of the conglomerate’s stock worth $1,345,000 after buying an additional 6,585 shares during the period. Municipal Employees Retirement System of Michigan acquired a new position in LSB Industries during the 4th quarter worth approximately $32,000. Dimensional Fund Advisors LP raised its stake in LSB Industries by 2.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,657,844 shares of the conglomerate’s stock worth $9,151,000 after buying an additional 46,565 shares during the period. Finally, Investors Research Corp acquired a new position in LSB Industries during the 1st quarter worth approximately $55,000. 71.30% of the stock is currently owned by institutional investors and hedge funds.

LSB Industries Company Profile

LSB Industries, Inc manufactures and sells chemical products for the agricultural, mining, and industrial markets in the United States. It provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.

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