Masonite International Corp (NYSE:DOOR) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 287,300 shares, an increase of 29.4% from the January 15th total of 222,100 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 152,200 shares, the short-interest ratio is currently 1.9 days.

Several hedge funds have recently bought and sold shares of DOOR. SG Capital Management LLC acquired a new stake in shares of Masonite International in the fourth quarter valued at $8,888,000. Oxford Asset Management LLP acquired a new stake in shares of Masonite International in the fourth quarter valued at $358,000. Amalgamated Bank raised its stake in shares of Masonite International by 7.9% in the fourth quarter. Amalgamated Bank now owns 4,617 shares of the company’s stock valued at $333,000 after acquiring an additional 340 shares in the last quarter. Jefferies Group LLC acquired a new stake in shares of Masonite International in the fourth quarter valued at $257,000. Finally, Renaissance Technologies LLC raised its stake in shares of Masonite International by 43.5% in the fourth quarter. Renaissance Technologies LLC now owns 459,400 shares of the company’s stock valued at $33,173,000 after acquiring an additional 139,300 shares in the last quarter. Institutional investors and hedge funds own 97.15% of the company’s stock.

DOOR stock opened at $79.60 on Friday. The company has a debt-to-equity ratio of 1.50, a current ratio of 2.65 and a quick ratio of 1.72. The business has a 50 day simple moving average of $75.77 and a 200-day simple moving average of $64.10. The firm has a market capitalization of $1.97 billion, a PE ratio of 36.85 and a beta of 1.43. Masonite International has a 1 year low of $47.04 and a 1 year high of $80.20.

DOOR has been the subject of several research reports. Benchmark initiated coverage on Masonite International in a research note on Wednesday, February 5th. They set a “buy” rating and a $100.00 price objective for the company. Robert W. Baird boosted their price objective on Masonite International from $65.00 to $72.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 6th. Royal Bank of Canada reiterated a “hold” rating and set a $73.00 price objective on shares of Masonite International in a research note on Wednesday, December 18th. Nomura boosted their price objective on Masonite International from $77.00 to $81.00 in a research note on Tuesday, November 19th. Finally, Zacks Investment Research upgraded Masonite International from a “hold” rating to a “buy” rating and set a $84.00 price objective for the company in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $77.60.

Masonite International Company Profile

Masonite International Corporation designs, manufactures, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. The company offers molded panel, flush, stile and rail, routed medium-density fiberboard (MDF), steel, and fiberglass residential doors, as well as architectural interior doors.

Further Reading: Certificate of Deposit (CD) For Risk Adverse Investors?

Receive News & Ratings for Masonite International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masonite International and related companies with MarketBeat.com's FREE daily email newsletter.