NuStar GP Holdings, LLC (NYSE:NSH) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,025,253 shares, an increase of 42.1% from the November 15th total of 721,478 shares. Based on an average daily trading volume, of 317,820 shares, the short-interest ratio is currently 3.2 days. Currently, 3.1% of the shares of the company are short sold.

Large investors have recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA acquired a new stake in NuStar GP during the 3rd quarter worth approximately $103,000. Alliancebernstein L.P. lifted its holdings in NuStar GP by 5.9% during the 2nd quarter. Alliancebernstein L.P. now owns 8,841 shares of the pipeline company’s stock worth $216,000 after purchasing an additional 495 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in NuStar GP during the 2nd quarter worth approximately $237,000. Virtu KCG Holdings LLC acquired a new stake in NuStar GP during the 2nd quarter worth approximately $246,000. Finally, Janney Montgomery Scott LLC lifted its holdings in NuStar GP by 1.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 10,150 shares of the pipeline company’s stock worth $248,000 after purchasing an additional 100 shares during the last quarter. 55.64% of the stock is owned by institutional investors and hedge funds.

Shares of NuStar GP (NSH) opened at $14.95 on Tuesday. The firm has a market capitalization of $642.13, a P/E ratio of 11.15 and a beta of 1.02. NuStar GP has a fifty-two week low of $13.50 and a fifty-two week high of $31.50.

A number of analysts have recently issued reports on the company. UBS cut their price objective on NuStar GP from $33.00 to $21.00 and set a “buy” rating for the company in a research report on Wednesday, October 18th. Mizuho reaffirmed a “hold” rating and issued a $25.00 price objective on shares of NuStar GP in a research report on Friday, October 20th. Zacks Investment Research cut NuStar GP from a “hold” rating to a “sell” rating in a research report on Thursday, September 28th. BidaskClub raised NuStar GP from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. Finally, Citigroup raised NuStar GP from a “neutral” rating to a “buy” rating and set a $17.00 price target for the company in a report on Tuesday, December 5th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $22.33.

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About NuStar GP

NuStar GP Holdings, LLC holds interests in NuStar Energy L.P. (NuStar Energy). NuStar Energy is engaged in the transportation of petroleum products and anhydrous ammonia, the terminalling and storage of petroleum products and the marketing of petroleum products. NuStar Energy has terminal and storage facilities in the United States, Canada, Mexico, the Netherlands, including St.

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