Short Interest in Ferrellgas Partners, L.P. (OTCMKTS:FGPR) Expands By 805.4%

Ferrellgas Partners, L.P. (OTCMKTS:FGPR) was the target of a large increase in short interest in 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 company’s stock are sold short. Based on an average daily volume of 4,702 shares, the short-interest ratio is presently 0.2 days.

Ferrellgas Partners Stock Performance

Shares of OTCMKTS:FGPR traded down $0.19 during midday trading on Friday, reaching $22.56. 1,377 shares of the company’s stock traded hands, compared to its average volume of 4,120. The company has a market cap of $2.19 billion, a price-to-earnings ratio of -26.54 and a beta of 2.99. Ferrellgas Partners has a one year low of $10.07 and a one year high of $27.29. The stock has a 50 day moving average of $23.96 and a 200 day moving average of $22.96.

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.