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

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

Ferrellgas Partners Trading Up 0.3%

Shares of FGPR traded up $0.05 on Wednesday, reaching $18.45. 2,493 shares of the company’s stock were exchanged, compared to its average volume of 4,615. Ferrellgas Partners has a 12 month low of $5.60 and a 12 month high of $20.58. The stock has a market capitalization of $1.79 billion, a P/E ratio of -21.71 and a beta of 2.99. The business has a 50 day moving average price of $18.29 and a two-hundred day moving average price of $15.15.

About Ferrellgas Partners

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.