Short Interest in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Increases By 46.4%

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 792,200 shares, an increase of 46.4% from the November 15th total of 541,200 shares. Based on an average daily volume of 711,700 shares, the short-interest ratio is presently 1.1 days.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Price Performance

Shares of LOMA stock traded up $0.01 during trading hours on Friday, hitting $13.21. The stock had a trading volume of 673,913 shares, compared to its average volume of 518,500. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.29 and a quick ratio of 0.43. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of 22.41 and a beta of 1.36. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a one year low of $5.70 and a one year high of $13.73. The stock’s 50-day moving average price is $10.09 and its two-hundred day moving average price is $8.16.

Institutional Trading of Loma Negra Compañía Industrial Argentina Sociedad Anónima

A number of large investors have recently added to or reduced their stakes in LOMA. TT International Asset Management LTD bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 3rd quarter valued at approximately $386,000. Ping Capital Management Inc. purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 2nd quarter worth $703,000. Glenorchy Capital Ltd grew its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 196.9% in the 3rd quarter. Glenorchy Capital Ltd now owns 230,311 shares of the company’s stock worth $1,856,000 after buying an additional 152,737 shares in the last quarter. Liontrust Investment Partners LLP bought a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 2nd quarter worth about $270,000. Finally, Mak Capital One LLC raised its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 153.2% during the 2nd quarter. Mak Capital One LLC now owns 1,823,913 shares of the company’s stock valued at $12,330,000 after buying an additional 1,103,515 shares in the last quarter. Institutional investors own 19.32% of the company’s stock.

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.