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

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 92 shares, a decline of 89.0% from the June 30th total of 833 shares. Based on an average daily trading volume, of 4,557 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Ferrellgas Partners Price Performance

Ferrellgas Partners stock opened at $22.75 on Monday. The firm has a 50 day simple moving average of $23.57 and a 200-day simple moving average of $23.28. The stock has a market capitalization of $2.21 billion, a PE ratio of -26.76 and a beta of 2.99. Ferrellgas Partners has a 12-month low of $12.01 and a 12-month high of $27.29.

About Ferrellgas Partners

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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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