Usg Corporation (NYSE:USG) Has Decline in Shorts

March 14, 2018 - By reb123z

 Usg Corporation (NYSE:USG) Has Decline in Shorts

Investors sentiment increased to 1.06 in 2017 Q3. Its up 0.44, from 0.62 in 2017Q2. It is positive, 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.
521 are owned by Cantab Partners Limited Liability Partnership. Driehaus Cap Mngmt Lc holds 206,582 shares or 0.26% of its portfolio. The Connecticut-based Benin Mgmt Corp has invested 0.25% in USG Corporation (NYSE:USG). Walleye Trading Ltd invested 0.01% in USG Corporation (NYSE:USG). Alphaone Invest Ltd Co owns 3,600 shares for 0.03% of their portfolio. Hsbc Holdings Plc holds 9,433 shares or 0% of its portfolio. Buckingham holds 0.49% in USG Corporation (NYSE:USG) or 112,722 shares. 190,100 were accumulated by New York State Common Retirement Fund. Shayne And Communications Lc owns 197,527 shares or 4.87% of their US portfolio. Group One Trading Lp has 22,143 shares. Staley Advisers Incorporated accumulated 250,000 shares. Commerzbank Aktiengesellschaft Fi invested in 0.03% or 66,575 shares. Bluestein R H & owns 10,000 shares or 0.02% of their US portfolio. California Employees Retirement reported 166,322 shares. Daiwa invested 0.01% of its portfolio in USG Corporation (NYSE:USG).

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 7.03 million shares, reported previously. With 1.71M 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. The stock of USG Corporation (NYSE:USG) earned “Neutral” rating by Goldman Sachs on Wednesday, May 4. On Friday, October 23 the stock rating was maintained by Barclays Capital with “Equal Weight”. Stephens maintained USG Corporation (NYSE:USG) rating on Tuesday, February 6. Stephens has “Hold” rating and $38.0 target. The firm has “Hold” rating given on Monday, October 2 by SunTrust. The stock of USG Corporation (NYSE:USG) earned “Hold” rating by Jefferies on Wednesday, January 17. The company was downgraded on Monday, July 24 by C.L. King. The firm earned “Underperform” rating on Friday, June 23 by Credit Suisse. The firm has “Underweight” rating given on Friday, January 6 by Barclays Capital. On Friday, January 5 the stock rating was upgraded by J.P. Morgan to “Buy”. Barclays Capital upgraded USG Corporation (NYSE:USG) on Friday, January 5 to “Buy” rating.

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

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