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

Ferrellgas Partners, L.P. (OTCMKTS:FGPR) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 833 shares, an increase of 805.4% from the June 15th total of 92 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 4,702 shares, the days-to-cover ratio is presently 0.2 days.

Ferrellgas Partners Price Performance

Shares of FGPR stock opened at $22.56 on Monday. The company has a 50 day moving average price of $23.96 and a 200-day moving average price of $22.99. Ferrellgas Partners has a 52 week low of $10.07 and a 52 week high of $27.29. The firm has a market capitalization of $2.19 billion, a PE ratio of -26.54 and a beta of 2.99.

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.