Ferrellgas Partners, L.P. (OTCMKTS:FGPR) Sees Significant Decrease in Short Interest

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 503 shares, a decline of 22.7% from the November 30th total of 651 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 5,868 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 5,868 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Ferrellgas Partners Trading Up 3.0%

FGPR opened at $18.80 on Tuesday. The business’s 50-day moving average price is $18.32 and its 200-day moving average price is $15.09. Ferrellgas Partners has a 12 month low of $5.60 and a 12 month high of $20.58. The company has a market cap of $1.83 billion, a P/E ratio of -22.12 and a beta of 2.99.

Ferrellgas Partners Company Profile

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Ferrellgas Partners, L.P. (OTCMKTS:FGPR) is a master limited partnership that operates as the retail propane distribution arm of Ferrellgas, Inc, one of the largest retail propane providers in the United States. Headquartered in Liberty, Missouri, the partnership was formed in 1997 to acquire and manage propane assets and inventory in support of Ferrellgas’s nationwide network.

The company’s primary business activities include the procurement, transportation and distribution of propane to residential, commercial, industrial and agricultural customers.

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