USG Corporation June 15th Short Interest Update

USG Corporation (NYSE:USG) has shown a drop of 0.8% or 60,213 shares in the short positions. The bets have increased to 7,945,071 shares on June 15,2016 from 8,005,284 shares on May 31,2016. With respect to the floated shares, the shorts are 6.1%. The days to cover are calculated to be 5, using the standard per day volume of 1,654,594 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

USG Corporation (NYSE:USG): The stock opened at $25.70 on Friday but the bulls could not build on the opening and the stock topped out at $26.15 for the day. The stock traded down to $25.30 during the day, due to lack of any buying support eventually closed down at $26.04 with a loss of -2.47% for the day. The stock had closed at $26.70 on the previous day. The total traded volume was 3,374,683 shares.

The company shares have dropped -5.38% from its 1 Year high price. On Aug 19, 2015, the shares registered one year high at $32.88 and the one year low was seen on Jan 26, 2016. The 50-Day Moving Average price is $27.83 and the 200 Day Moving Average price is recorded at $24.02.

USG Corporation (NYSE:USG) has tumbled 0.15% during the past week and has dropped 10.94% in the last 4 week period. The company has outperformed the S&P 500 by 1.5% in the past week but underperformed the index by 8.25% in the last 4 weeks.

USG Corporation (USG), through its subsidiaries, is a manufacturer and distributor of building materials. The Company produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in industrial processes. The Company operates in four segments: Gypsum, Ceilings, Distribution and USG Boral Building Products (UBBP). The Gypsum segment manufactures gypsum wallboard; the Ceilings segment manufactures and markets interior systems products; the Distribution segment consists of L&W Supply, a distributor of gypsum wallboard and other building materials, and the Companys UBBP segment manufactures, distributes and sells building products, mines raw gypsum and sells natural and synthetic gypsum. The Companys brands include DUROCK, FIBEROCK, LEVELROCK, RED TOP, IMPERIAL, DIAMOND, SUPREMO, RADAR, ECLIPSE, MARS, USG Boral Sheetrock and USG Boral NextGen, among others.

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