Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) Short Interest Update

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP - Get Free Report) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 405,800 shares, a decline of 12.5% from the January 15th total of 464,000 shares. Based on an average daily volume of 160,900 shares, the short-interest ratio is currently 2.5 days. Approximately 1.8% of the company's stock are short sold.

Concrete Pumping Stock Down 0.4 %

Shares of BBCP traded down $0.03 during midday trading on Thursday, hitting $7.05. The company had a trading volume of 136,731 shares, compared to its average volume of 236,325. The company's 50 day moving average price is $7.48 and its 200 day moving average price is $6.52. The stock has a market cap of $373.65 million, a price-to-earnings ratio of 27.12 and a beta of 1.15. Concrete Pumping has a 52 week low of $5.05 and a 52 week high of $9.68. The company has a quick ratio of 1.89, a current ratio of 1.99 and a debt-to-equity ratio of 1.16.

Concrete Pumping (NASDAQ:BBCP - Get Free Report) last announced its quarterly earnings data on Wednesday, January 8th. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. Concrete Pumping had a net margin of 3.81% and a return on equity of 6.19%. On average, equities research analysts predict that Concrete Pumping will post 0.43 EPS for the current year.

Concrete Pumping Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 24th were given a dividend of $1.00 per share. The ex-dividend date was Friday, January 24th.

Institutional Investors Weigh In On Concrete Pumping

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its position in shares of Concrete Pumping by 128.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 73,831 shares of the company's stock valued at $427,000 after buying an additional 41,524 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Concrete Pumping during the 4th quarter valued at about $81,000. Hotchkis & Wiley Capital Management LLC bought a new stake in shares of Concrete Pumping during the 3rd quarter valued at about $2,933,000. Geode Capital Management LLC grew its position in Concrete Pumping by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 564,751 shares of the company's stock worth $3,270,000 after purchasing an additional 6,025 shares during the last quarter. Finally, Barclays PLC grew its position in Concrete Pumping by 82.6% in the 3rd quarter. Barclays PLC now owns 51,560 shares of the company's stock worth $299,000 after purchasing an additional 23,329 shares during the last quarter. Institutional investors own 34.20% of the company's stock.

About Concrete Pumping

Concrete Pumping Holdings, Inc provides concrete pumping and waste management services in the United States and the United Kingdom. The company offers concrete pumping services to general contractors and concrete finishing companies in the commercial, infrastructure, and residential sectors under the Brundage-Bone and Capital Pumping brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.