Short Interest in Ferrellgas Partners, L.P. (OTCMKTS:FGPR) Grows By 805.4%

Ferrellgas Partners, L.P. (OTCMKTS:FGPR) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 833 shares, an increase of 805.4% from the June 15th total of 92 shares. Based on an average trading volume of 4,702 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Ferrellgas Partners Stock Down 0.8%

OTCMKTS:FGPR traded down $0.19 on Friday, hitting $22.56. The stock had a trading volume of 1,377 shares, compared to its average volume of 4,120. The business’s 50-day simple moving average is $23.96 and its two-hundred day simple moving average is $22.96. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of -26.54 and a beta of 2.99. Ferrellgas Partners has a 52-week low of $10.07 and a 52-week high of $27.29.

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.