Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 85 shares, a drop of 93.5% from the December 31st total of 1,312 shares. Based on an average daily volume of 5,185 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 5,185 shares, the short-interest ratio is currently 0.0 days.
Ferrellgas Partners Trading Down 5.1%
Ferrellgas Partners stock traded down $1.04 during midday trading on Thursday, reaching $19.50. 25,343 shares of the stock traded hands, compared to its average volume of 5,353. The firm has a market cap of $1.89 billion, a PE ratio of -22.94 and a beta of 2.99. The company has a 50-day simple moving average of $18.68 and a two-hundred day simple moving average of $16.44. Ferrellgas Partners has a 12-month low of $8.00 and a 12-month high of $20.58.
Ferrellgas Partners Company Profile
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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