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

Ferrellgas Partners, L.P. (OTCMKTS:FGPR) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 85 shares, a drop of 93.5% from the December 31st total of 1,312 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 5,185 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 5,185 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Ferrellgas Partners Price Performance

Shares of FGPR stock traded down $0.35 during trading hours on Wednesday, reaching $20.00. 3,101 shares of the company were exchanged, compared to its average volume of 5,312. Ferrellgas Partners has a fifty-two week low of $8.00 and a fifty-two week high of $20.58. The stock’s fifty day moving average is $18.63 and its two-hundred day moving average is $16.42. The company has a market cap of $1.94 billion, a price-to-earnings ratio of -23.53 and a beta of 2.99.

About Ferrellgas Partners

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.