Ferrellgas Partners, L.P. (OTCMKTS:FGPR – Get Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 85 shares, a decrease of 93.5% from the December 31st total of 1,312 shares. Based on an average daily trading volume, of 5,185 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 5,185 shares, the days-to-cover ratio is presently 0.0 days.
Ferrellgas Partners Trading Down 1.7%
Ferrellgas Partners stock traded down $0.35 during mid-day trading on Wednesday, hitting $20.00. The company had a trading volume of 3,079 shares, compared to its average volume of 5,312. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of -23.53 and a beta of 2.99. The company’s fifty day moving average is $18.63 and its 200-day moving average is $16.42. Ferrellgas Partners has a 12-month low of $8.00 and a 12-month high of $20.58.
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.
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