Usg Corporation (NYSE:USG) Shorts Decreased by 12.18% After Short Covering

March 14, 2018 - By reb123z

 Usg Corporation (NYSE:USG) Shorts Decreased by 12.18% After Short Covering

Investors sentiment increased to 1.06 in Q3 2017. Its up 0.44, from 0.62 in 2017Q2. It improved, as 25 investors sold USG Corporation shares while 64 reduced holdings. 40 funds opened positions while 54 raised stakes. 119.59 million shares or 28.04% less from 166.18 million shares in 2017Q2 were reported.
Lsv Asset Mgmt owns 648,000 shares or 0.03% of their US portfolio. Caprock Grp stated it has 15,355 shares. Aperio Ltd Com reported 0% stake. 30,100 were accumulated by Conning Inc. Moreover, San Francisco Sentry Inv Group (Ca) has 0% invested in USG Corporation (NYSE:USG). Btg Pactual Asset Limited stated it has 76,300 shares. 3,350 are held by Point72 Asia (Hong Kong) Ltd. Carroll Fin Assocs holds 112 shares or 0% of its portfolio. Ubs Asset Mgmt Americas owns 66,260 shares or 0% of their US portfolio. Cambridge Rech Advsr Incorporated holds 16,517 shares or 0.01% of its portfolio. Wedge Management L Ltd Partnership Nc has invested 0.01% of its portfolio in USG Corporation (NYSE:USG). Bnp Paribas Arbitrage owns 0% invested in USG Corporation (NYSE:USG) for 27,000 shares. Bluemountain Capital Management Limited Liability Company holds 0.23% in USG Corporation (NYSE:USG) or 340,550 shares. Citigroup invested 0% of its portfolio in USG Corporation (NYSE:USG). Northern Tru, a Illinois-based fund reported 448,707 shares.

The stock of Usg Corporation (NYSE:USG) registered a decrease of 12.18% in short interest. USG’s total short interest was 6.17M shares in March as published by FINRA. Its down 12.18% from 7.03M shares, reported previously. With 1.71 million shares average volume, it will take short sellers 4 days to cover their USG’s short positions. The short interest to Usg Corporation’s float is 7.53%.

The stock decreased 2.15% or $0.76 during the last trading session, reaching $34.53. About 705,630 shares traded. USG Corporation (NYSE:USG) has risen 0.17% since March 14, 2017 and is uptrending. It has underperformed by 16.53% the S&P500.

USG Corporation, through its subsidiaries, makes and sells building materials worldwide. The company has market cap of $4.87 billion. The company??s Gypsum segment makes and markets gypsum and related products to construct walls, ceilings, roofs, and floors of residential, commercial, and institutional buildings, as well as for various industrial applications. It has a 57.65 P/E ratio. This segment offers gypsum panels, as well as joint compounds, corner beads, joint tapes, and plasters for wallboard joints finishing under the Sheetrock brand; cement board under the Durock brand; backerboard that includes abuse-resistant interior wall panels, tile backer boards, and flooring underlayments under the Fiberock brand; poured gypsum flooring systems under the Levelrock brand; roof boards under the Securock brand; and air-water barrier system and industrial gypsum under the ExoAir 430 brand.

USG Corporation (NYSE:USG) Ratings Coverage

Among 23 analysts covering USG Corporation (NYSE:USG), 7 have Buy rating, 3 Sell and 13 Hold. Therefore 30% are positive. USG Corporation had 79 analyst reports since July 29, 2015 according to SRatingsIntel. Citigroup maintained the stock with “Neutral” rating in Monday, October 9 report. The stock has “Hold” rating by Jefferies on Tuesday, January 23. The company was maintained on Friday, June 2 by Jefferies. On Friday, January 5 the stock rating was upgraded by JP Morgan to “Overweight”. Nomura maintained the stock with “Neutral” rating in Monday, September 18 report. As per Monday, July 24, the company rating was downgraded by CL King. The stock of USG Corporation (NYSE:USG) has “Buy” rating given on Saturday, August 29 by Zacks. The firm has “Sell” rating given on Friday, October 27 by Bank of America. RBC Capital Markets upgraded USG Corporation (NYSE:USG) rating on Tuesday, September 13. RBC Capital Markets has “Outperform” rating and $34 target. The stock has “Neutral” rating by Citigroup on Friday, August 26.

More recent USG Corporation (NYSE:USG) news were published by: which released: “USG Corporation to Webcast Investor Day Presentations on March 8” on February 26, 2018. Also published the news titled: “Persistent Workforce Shortages Challenge Commercial Construction Industry as …” on March 06, 2018.‘s news article titled: “USG Corporation Hosts Inaugural Investor Day” with publication date: March 08, 2018 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: