United States Lime & Minerals, Inc. (NASDAQ:USLM) Short Interest Down 12.6% in May

United States Lime & Minerals, Inc. (NASDAQ:USLM - Get Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totalling 467,300 shares, a decline of 12.6% from the April 30th total of 534,900 shares. Currently, 1.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 94,500 shares, the short-interest ratio is currently 4.9 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Barclays PLC grew its stake in shares of United States Lime & Minerals by 1,182.8% during the third quarter. Barclays PLC now owns 21,512 shares of the construction company's stock worth $2,101,000 after buying an additional 19,835 shares during the last quarter. Deutsche Bank AG increased its holdings in United States Lime & Minerals by 59.4% in the 4th quarter. Deutsche Bank AG now owns 9,747 shares of the construction company's stock worth $1,294,000 after purchasing an additional 3,632 shares in the last quarter. Millennium Management LLC raised its position in United States Lime & Minerals by 1,631.4% in the fourth quarter. Millennium Management LLC now owns 63,854 shares of the construction company's stock valued at $8,476,000 after purchasing an additional 60,166 shares during the last quarter. Principal Financial Group Inc. raised its position in United States Lime & Minerals by 9.3% in the fourth quarter. Principal Financial Group Inc. now owns 6,390 shares of the construction company's stock valued at $848,000 after purchasing an additional 546 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of United States Lime & Minerals by 16.8% during the fourth quarter. Victory Capital Management Inc. now owns 21,425 shares of the construction company's stock valued at $2,844,000 after purchasing an additional 3,081 shares in the last quarter. 27.12% of the stock is owned by institutional investors.

United States Lime & Minerals Price Performance

NASDAQ:USLM traded up $0.51 during mid-day trading on Thursday, reaching $106.33. The stock had a trading volume of 80,328 shares, compared to its average volume of 97,484. The stock has a 50-day simple moving average of $96.35 and a two-hundred day simple moving average of $110.80. The stock has a market capitalization of $3.04 billion, a PE ratio of 28.03 and a beta of 0.97. United States Lime & Minerals has a 12 month low of $64.25 and a 12 month high of $159.53.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The construction company reported $1.19 earnings per share (EPS) for the quarter. The business had revenue of $91.25 million for the quarter. United States Lime & Minerals had a net margin of 34.27% and a return on equity of 24.55%.

United States Lime & Minerals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 23rd will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $0.24 dividend on an annualized basis and a yield of 0.23%. United States Lime & Minerals's dividend payout ratio (DPR) is 5.71%.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of United States Lime & Minerals from a "hold" rating to a "buy" rating in a research note on Wednesday, April 2nd.

About United States Lime & Minerals

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.