U S Concrete Inc (NASDAQ:USCR) Sellers Reduced Their Shorts By 13.91%

June 27, 2018 - By Anthony Rauscher

U.S. Concrete, Inc. (NASDAQ:USCR) Corporate Logo

Big Money Sentiment increased to 1.24 in 2018 Q1. It has change of 0.26, from 2017Q4’s 0.98. The ratio improved due to U.S. Concrete, Inc. positioning: 29 sold and 58 reduced. 32 funds took positions and 76 increased positions. Investors holded 18.51 million in 2017Q4 but now own 17.83 million shares or 3.66% less.
Laurel Grove Llc stated it has 31,000 shs. Dupont Cap Management Corp has 327,868 shs. Sei Investments invested 0.02% of its capital in U.S. Concrete, Inc. (NASDAQ:USCR). Ftb Incorporated reported 457 shs or 0% of all its holdings. Magnetar Financial Ltd Llc holds 0.01% or 8,318 shs in its capital. Aqr Mngmt Ltd Llc has invested 0% of its capital in U.S. Concrete, Inc. (NASDAQ:USCR). Caxton Assoc L P has invested 0.22% in U.S. Concrete, Inc. (NASDAQ:USCR). Tocqueville Asset Mngmt L P, New York-based fund reported 438,655 shs. Intl Gru Incorporated reported 10,131 shs. Mason Street Advsr Llc stated it has 4,343 shs. The South Carolina-based Greenwood Limited Company has invested 0.06% in U.S. Concrete, Inc. (NASDAQ:USCR). 24,139 are owned by California State Teachers Retirement System. Kornitzer Mgmt Ks stated it has 141,325 shs or 0.15% of all its holdings. 26,500 were reported by Eulav Asset. Envestnet Asset Mgmt Incorporated owns 550 shs.

U.S. Concrete, Inc. had 19 selling transactions and 0 insider buys since January 2, 2018. This’s net activity of $3.39 million. On Thursday, February 22 SANDBROOK WILLIAM J sold $679,693 worth of U.S. Concrete, Inc. (NASDAQ:USCR). On Friday, January 12 Sutherland Colin McGill had sold 130 shs worth $10,777. $41,575 worth of U.S. Concrete, Inc. (NASDAQ:USCR) was sold by Pruitt Ronnie A. $70,000 worth of U.S. Concrete, Inc. (NASDAQ:USCR) was sold by Peabody Mark Baker on Thursday, March 1. On Tuesday, January 2 $20,938 worth of U.S. Concrete, Inc. (NASDAQ:USCR) was sold by Kohutek Kevin.

U S Concrete Inc (NASDAQ:USCR) had a decrease of its shares shorted by 13.91%. In June was issued USCR’s total 3.46M shares shorted by FINRA. The down change of 13.91% from 4.02 million shares was reported. With Average volume 430,300, USCR’s previous position will take 8 days to recover. U S Concrete Inc float short is 22.77%.

USCR is reaching $54.25 during the last trading session, after decreased 0.46%.U.S. Concrete, Inc. has volume of 125,772 shares. Since June 27, 2017 USCR has declined 13.61% and is downtrending. The stock underperformed the S&P 500 by 26.18%.

U.S. Concrete, Inc., through its subsidiaries, produces and sells ready-mixed concrete, aggregates, and concrete-related services and products to the construction industry in the United States and Canada.The company has $912.54 million market cap. It operates through two divisions, Ready-Mixed Concrete and Aggregate Products.The P/E ratio is 61.16. The Ready-Mixed Concrete segment engages in the formulation, preparation, and delivery of ready-mixed concrete to customers' job sites; and the provision of various services that include the formulation of mixtures for specific design uses, on-site and lab product quality control, and customized delivery programs.

U.S. Concrete, Inc. (NASDAQ:USCR) Ratings Coverage

In total 3 analysts cover US Concrete (NASDAQ:USCR). “Buy” rating has 3, “Sell” are 0, while 0 are “Hold”. (NASDAQ:USCR) has 100% bullish analysts. 6 are the (NASDAQ:USCR)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Friday, April 13 the firm has “Buy” rating given by Stephens. On Tuesday, May 1 the firm has “Buy” rating given by Stifel Nicolaus. The company rating was maintained by DA Davidson on Tuesday, May 1. On Friday, March 2 the company was maintained by Stifel Nicolaus. On Monday, March 5 Stephens maintained the shares of USCR in report with “Buy” rating.

There’s a significant U.S. Concrete, Inc. (NASDAQ:USCR) news published by Globenewswire.com. It’s a report titled: “New Research Coverage Highlights Universal Insurance Holdings, Harmony Gold Mining Company, Schweitzer …” on June 07, 2018.

U.S. Concrete, Inc. (NASDAQ:USCR) Institutional Investors Chart

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