diff --git a/setup.py b/setup.py
index 4a4268a..01f7c80 100644
--- a/setup.py
+++ b/setup.py
@@ -3,7 +3,7 @@
 from setuptools import setup
 
 setup(name='adjustText',
-      version='0.5.2',
+      version='0.5.3',
       description='Iteratively adjust text position in matplotlib plots to minimize overlaps',
       author='Ilya Flyamer',
       author_email='flyamer@gmail.com',