Ferrellgas Partners, L.P. (OTCMKTS:FGPR) Sees Large Decrease in Short Interest

Key Points

• Ferrellgas Partners, L.P. experienced a significant decline in short interest, dropping from 1,400 shares to just 200 shares as of September 15th, a decrease of 85.7%.
• The company's stock traded at $14.77 with a market capitalization of $1.43 billion and has a 12-month trading range between $5.60 and $15.50.
• Ferrellgas Partners primarily distributes and sells propane and related equipment, conducting operations under the Blue Rhino brand name through a network of independent and partnership-owned outlets.

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - ) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 200 shares, a decline of 85.7% from the August 31st total of 1,400 shares. Based on an average daily trading volume, of 4,300 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 4,300 shares, the short-interest ratio is presently 0.0 days.

Ferrellgas Partners Stock Performance

OTCMKTS:FGPR traded up $0.21 during trading hours on Tuesday, reaching $14.77. The company's stock had a trading volume of 962 shares, compared to its average volume of 4,871. The company has a market capitalization of $1.43 billion, a P/E ratio of -17.38 and a beta of 2.99. Ferrellgas Partners has a 12 month low of $5.60 and a 12 month high of $15.50. The stock has a 50 day moving average price of $14.48 and a two-hundred day moving average price of $11.57.

About Ferrellgas Partners

Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies. The company transports propane to propane distribution locations, tanks on customers' premises, or to portable propane tanks delivered to retailers. It conducts its portable tank exchange operations under the Blue Rhino brand name through a network of independent and partnership-owned distribution outlets.

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