Valhi, Inc. (NYSE:VHI) Short Interest Down 21.9% in July

Valhi, Inc. (NYSE:VHI) saw a significant decline in short interest in July. As of July 15th, there was short interest totalling 27,100 shares, a decline of 21.9% from the June 30th total of 34,700 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average daily volume of 35,500 shares, the days-to-cover ratio is currently 0.8 days.

Hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in shares of Valhi during the fourth quarter worth $36,000. Bank of America Corp DE raised its position in shares of Valhi by 70.6% during the fourth quarter. Bank of America Corp DE now owns 24,471 shares of the basic materials company’s stock worth $45,000 after acquiring an additional 10,130 shares during the last quarter. Acadian Asset Management LLC bought a new stake in shares of Valhi during the first quarter worth $34,000. UBS Group AG raised its position in shares of Valhi by 78.0% during the fourth quarter. UBS Group AG now owns 42,857 shares of the basic materials company’s stock worth $80,000 after acquiring an additional 18,782 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of Valhi by 78.3% during the first quarter. Invesco Ltd. now owns 110,517 shares of the basic materials company’s stock worth $114,000 after acquiring an additional 48,550 shares during the last quarter. Institutional investors own 2.55% of the company’s stock.

Valhi stock opened at $10.17 on Friday. The company has a debt-to-equity ratio of 2.60, a quick ratio of 3.14 and a current ratio of 4.94. The firm has a market cap of $287.38 million, a P/E ratio of 5.65 and a beta of 2.28. The business’s fifty day moving average is $10.36 and its two-hundred day moving average is $13.19. Valhi has a 52 week low of $9.02 and a 52 week high of $27.84.

Valhi (NYSE:VHI) last released its earnings results on Thursday, May 7th. The basic materials company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.08. The company had revenue of $459.30 million during the quarter. Valhi had a return on equity of 16.10% and a net margin of 2.95%.

Separately, ValuEngine raised Valhi from a “hold” rating to a “buy” rating in a research note on Thursday, July 2nd.

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.

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