Valhi, Inc. (NYSE:VHI) Sees Significant Decline in Short Interest

Valhi, Inc. (NYSE:VHI) was the recipient of a significant drop in short interest in the month of November. As of November 29th, there was short interest totalling 444,900 shares, a drop of 12.2% from the November 14th total of 506,900 shares. Based on an average daily trading volume, of 90,000 shares, the short-interest ratio is presently 4.9 days. Approximately 1.6% of the company’s shares are short sold.

Institutional investors and hedge funds have recently bought and sold shares of the company. Aperio Group LLC purchased a new stake in shares of Valhi during the second quarter valued at approximately $27,000. Kahn Brothers Group Inc. DE purchased a new stake in shares of Valhi during the second quarter valued at approximately $31,000. Susquehanna International Group LLP purchased a new stake in shares of Valhi during the second quarter valued at approximately $32,000. Jane Street Group LLC purchased a new stake in shares of Valhi during the second quarter valued at approximately $34,000. Finally, Dupont Capital Management Corp purchased a new stake in shares of Valhi during the second quarter valued at approximately $48,000. Institutional investors own 3.27% of the company’s stock.

Separately, ValuEngine lowered shares of Valhi from a “buy” rating to a “hold” rating in a report on Tuesday.

NYSE VHI traded down $0.03 during mid-day trading on Friday, hitting $1.77. The company’s stock had a trading volume of 90,746 shares, compared to its average volume of 87,414. Valhi has a 52-week low of $1.68 and a 52-week high of $4.51. The stock’s fifty day simple moving average is $1.95 and its two-hundred day simple moving average is $2.09. The company has a debt-to-equity ratio of 2.27, a current ratio of 4.88 and a quick ratio of 3.26. The firm has a market capitalization of $617.41 million, a P/E ratio of 10.11 and a beta of 3.23.

Valhi (NYSE:VHI) last posted its quarterly earnings results on Friday, November 8th. The basic materials company reported $0.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.07). Valhi had a net margin of 2.99% and a return on equity of 17.99%. The business had revenue of $475.20 million during the quarter.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd will be paid a dividend of $0.02 per share. The ex-dividend date is Monday, December 2nd. This represents a $0.08 dividend on an annualized basis and a dividend yield of 4.52%.

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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