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

Ferrellgas Partners, L.P. (OTCMKTS:FGPR) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 50.0% from the January 31st total of 200 shares. Based on an average daily volume of 4,800 shares, the short-interest ratio is presently 0.0 days.

Ferrellgas Partners Price Performance

FGPR traded up $0.33 on Friday, hitting $10.58. The company had a trading volume of 2,008 shares, compared to its average volume of 2,757. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of -12.45 and a beta of 2.99. The company’s fifty day moving average price is $9.20 and its 200 day moving average price is $9.16. Ferrellgas Partners has a 1-year low of $5.60 and a 1-year high of $18.00.

Ferrellgas Partners Company Profile

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.