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

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

Valhi stock opened at $2.38 on Friday. Valhi has a one year low of $1.63 and a one year high of $5.48. The stock has a fifty day moving average of $2.33. The company has a quick ratio of 2.56, a current ratio of 4.04 and a debt-to-equity ratio of 2.32. The company has a market capitalization of $807.23 million, a price-to-earnings ratio of 3.35 and a beta of 3.28.

Valhi (NYSE:VHI) last posted its quarterly earnings results on Thursday, May 9th. The basic materials company reported $0.05 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 during the quarter.

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

Several institutional investors have recently bought and sold shares of VHI. California Public Employees Retirement System boosted its holdings in shares of Valhi by 423.1% in the fourth quarter. California Public Employees Retirement System now owns 1,227,300 shares of the basic materials company’s stock worth $2,369,000 after acquiring an additional 992,680 shares during the period. Cambridge Investment Research Advisors Inc. bought a new position in shares of Valhi in the first quarter worth $722,000. Bank of New York Mellon Corp boosted its holdings in shares of Valhi by 27.2% in the fourth quarter. Bank of New York Mellon Corp now owns 1,098,843 shares of the basic materials company’s stock worth $2,120,000 after acquiring an additional 234,762 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Valhi by 919.1% in the first quarter. SG Americas Securities LLC now owns 147,959 shares of the basic materials company’s stock worth $342,000 after acquiring an additional 133,440 shares during the period. Finally, RBF Capital LLC bought a new position in shares of Valhi in the fourth quarter worth $155,000. 3.58% of the stock is owned by hedge funds and other institutional investors.

Valhi Company Profile

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.

Featured Article: Fiduciary

Receive News & Ratings for Valhi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valhi and related companies with MarketBeat.com's FREE daily email newsletter.