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

Ferrellgas Partners, L.P. (OTCMKTS:FGPR) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 319 shares, an increase of 275.3% from the January 15th total of 85 shares. Based on an average trading volume of 24,209 shares, the days-to-cover ratio is presently 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 trading volume of 24,209 shares, the days-to-cover ratio is presently 0.0 days.

Ferrellgas Partners Stock Performance

FGPR opened at $20.23 on Wednesday. Ferrellgas Partners has a 1 year low of $8.00 and a 1 year high of $20.58. The company’s 50 day simple moving average is $19.06 and its 200 day simple moving average is $16.98. The stock has a market capitalization of $1.97 billion, a PE ratio of -23.80 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.