Vulcan Materials Company June 15th Short Interest Update

Vulcan Materials Company (NYSE:VMC) has witnessed a drop of 15.4% or 300,629 shares in its short figure. The short interest diminution took it from 1,948,345 on May 31,2016 to 1,647,716 on June 15,2016. In terms of floated shares, the short interest was calculated to be 1.2%. The days to cover are 2 given that the daily volume averaged 707,567 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Vulcan Materials Company (NYSE:VMC): The stock opened at $114.47 on Friday but the bulls could not build on the opening and the stock topped out at $121.22 for the day. The stock traded down to $114.45 during the day, due to lack of any buying support eventually closed down at $118.60 with a loss of -0.37% for the day. The stock had closed at $119.04 on the previous day. The total traded volume was 3,085,346 shares.

The company shares have rallied 40.94% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $121.22 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $116.28 and the 200 Day Moving Average price is recorded at $102.80.

Vulcan Materials Company (NYSE:VMC) has climbed 4.04% in the past week and advanced 0.41% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.77% and the outperformance has advanced to 3.44% for the last 4 weeks period.

Vulcan Materials Company is a producer of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates 335 aggregates facilities. The Company has four segments organized around its principal product lines: Aggregates, Concrete, Asphalt Mix and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other). The Company produces and sells ready-mixed concrete in Georgia, Maryland, New Mexico, Texas, Virginia, Washington D.C. and the Bahamas. The Company produces and sells asphalt mix in Arizona, California, New Mexico and Texas. The Companys Calcium segment operates a quarry at Brooksville, Florida, which provides feedstock for the ground calcium operation.

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