As of Jun 27, 2018 U S Concrete Inc (NASDAQ:USCR) Shorts Reduced By 13.91%

June 27, 2018 - By Michael Lund

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 is positive due to U.S. Concrete, Inc. positioning: 29 sold and 58 reduced. 32 funds bought stakes and 76 increased stakes. Investors holded 18.51 million in 2017Q4 but now own 17.83 million shares or 3.66% less.
Stifel Financial Corporation invested in 174,248 shs. Amer Intl Grp Inc accumulated 10,131 shs. Regions invested in 0% or 3,762 shs. Peak6 Invests Lp owns 0.03% invested in U.S. Concrete, Inc. (NASDAQ:USCR) for 124,464 shs. Argent Capital Management Ltd Liability Corporation owns 34,570 shs. Lpl Limited Liability invested 0% of its capital in U.S. Concrete, Inc. (NASDAQ:USCR). First Heartland Consultants reported 4,470 shs. Thompson Davis Communications owns 375 shs for 0.06% of their capital. Prelude Cap Management Limited Liability Company owns 25,274 shs or 0.11% of their US capital. Legal General Grp Public Limited Liability Corporation, a United Kingdom-based fund reported 29,216 shs. Susquehanna Intll Ltd Liability Partnership reported 0% of its capital in U.S. Concrete, Inc. (NASDAQ:USCR). Louisiana State Employees Retirement Systems reported 6,900 shs. Dubuque Natl Bank & Tru reported 1,240 shs. Moreover, Stratos Wealth Ptnrs has 0.01% invested in U.S. Concrete, Inc. (NASDAQ:USCR). Credit Suisse Ag has 22,893 shs for 0% of their capital.

U.S. Concrete, Inc. had 19 insider sales and 0 insider purchases since January 2, 2018. This’s net activity of $3.39 million. The insider BEHRING DAVID ANDREW sold $15,600. On Thursday, February 1 Kohutek Kevin sold $19,725 worth of U.S. Concrete, Inc. (NASDAQ:USCR). On Friday, January 12 Sutherland Colin McGill also sold $10,777 worth of U.S. Concrete, Inc. (NASDAQ:USCR). Another trade for 500 shs valued at $36,750 was sold by Pruitt Ronnie A. Peabody Mark Baker also sold $70,000 worth of U.S. Concrete, Inc. (NASDAQ:USCR) on Thursday, March 1.

U S Concrete Inc (NASDAQ:USCR) had a decrease of its shares shorted by 13.91%. In June was published 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 former position will take 8 days to restore. U S Concrete Inc float short is 22.77%.

USCR is hitting $54.25 during the last trading session, after decreased 0.46%.Currently U.S. Concrete, Inc. is downtrending after 13.61% change in last June 27, 2017. USCR has also 125,772 shares volume. USCR underperformed by 26.18% the S&P500.

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 firm is worth $912.54 million. 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

A total of 3 analysts rate US Concrete (NASDAQ:USCR) as follows: 3 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. (NASDAQ:USCR) has 6 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Friday, March 2 Stifel Nicolaus maintained U.S. Concrete, Inc. (NASDAQ:USCR) rating. Stifel Nicolaus has “Buy” rating and $88.0 target. On Monday, March 5 the firm earned “Buy” rating by Stephens. In Tuesday, May 1 report DA Davidson maintained the stock with “Buy” rating. On Friday, April 13 the firm has “Buy” rating by Stephens given. On Tuesday, May 1 Stifel Nicolaus maintained U.S. Concrete, Inc. (NASDAQ:USCR) rating. Stifel Nicolaus has “Buy” rating and $84 target.

There’s an important U.S. Concrete, Inc. (NASDAQ:USCR) news announced 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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