Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Short Interest Up 9.7% in August

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) was the target of a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 638,500 shares, a growth of 9.7% from the July 31st total of 582,300 shares. Based on an average daily volume of 403,400 shares, the short-interest ratio is currently 1.6 days.

Institutional Investors Weigh In On Loma Negra Compañía Industrial Argentina Sociedad Anónima

Hedge funds have recently bought and sold shares of the stock. Deuterium Capital Management LLC bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the first quarter worth approximately $67,000. Truist Financial Corp bought a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the second quarter valued at approximately $200,000. Virtu Financial LLC grew its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 272.8% during the first quarter. Virtu Financial LLC now owns 37,799 shares of the company’s stock worth $252,000 after buying an additional 27,660 shares during the last quarter. Liontrust Investment Partners LLP bought a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the second quarter worth $270,000. Finally, Jump Financial LLC grew its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 41.8% during the fourth quarter. Jump Financial LLC now owns 55,602 shares of the company’s stock worth $394,000 after buying an additional 16,402 shares during the last quarter. 19.32% of the stock is currently owned by institutional investors and hedge funds.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Performance

NYSE:LOMA traded up $0.09 during mid-day trading on Monday, hitting $7.09. The stock had a trading volume of 524,300 shares, compared to its average volume of 440,367. The company’s 50 day simple moving average is $6.71 and its 200 day simple moving average is $6.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.35 and a current ratio of 1.22. The stock has a market cap of $827.69 million, a price-to-earnings ratio of 17.29 and a beta of 1.43. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a twelve month low of $5.64 and a twelve month high of $7.87.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.29 earnings per share (EPS) for the quarter. The firm had revenue of $153.80 million during the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a net margin of 9.06% and a return on equity of 9.15%. On average, equities research analysts forecast that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 0.79 earnings per share for the current year.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Company Profile

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.