Superior Plus Corp. (OTCMKTS:SUUIF) Sees Significant Decrease in Short Interest

Superior Plus Corp. (OTCMKTS:SUUIF) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 2,800,500 shares, a decline of 18.3% from the February 28th total of 3,428,900 shares. Based on an average daily volume of 44,100 shares, the days-to-cover ratio is presently 63.5 days.

Analysts Set New Price Targets

Separately, Raymond James raised shares of Superior Plus to an “outperform” rating in a research report on Friday, February 28th.

Superior Plus Price Performance

Shares of SUUIF opened at $5.04 on Thursday. Superior Plus has a twelve month low of $3.72 and a twelve month high of $7.22. The firm has a 50 day moving average of $4.44 and a 200 day moving average of $4.69.

About Superior Plus

Superior Plus Corp. distributes and markets propane, compressed natural gas and renewable energy in both the United States and Canada. The company operates through The United States Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), and North American Wholesale Propane Distribution (Wholesale Propane), and Certarus segments.