Oasis Midstream Partners LP (NYSE:OMP) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 43,700 shares, an increase of 84.4% from the May 30th total of 23,700 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 76,200 shares, the days-to-cover ratio is currently 0.6 days.

Large investors have recently made changes to their positions in the company. Marshall Wace North America L.P. bought a new position in shares of Oasis Midstream Partners during the first quarter valued at about $41,000. Mascoma Wealth Management LLC bought a new position in Oasis Midstream Partners during the 1st quarter valued at about $52,000. Marshall Wace LLP bought a new position in Oasis Midstream Partners during the 1st quarter valued at about $205,000. Fort Washington Investment Advisors Inc. OH bought a new position in Oasis Midstream Partners during the 1st quarter valued at about $507,000. Finally, Nwam LLC grew its holdings in Oasis Midstream Partners by 78.7% during the 1st quarter. Nwam LLC now owns 31,749 shares of the company’s stock valued at $645,000 after purchasing an additional 13,984 shares during the last quarter. 19.94% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts recently commented on OMP shares. ValuEngine cut Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Zacks Investment Research cut HEXO from a “hold” rating to a “sell” rating in a research note on Wednesday, May 15th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $26.38.

OMP traded down $0.05 during trading on Thursday, reaching $21.35. The stock had a trading volume of 173,744 shares, compared to its average volume of 80,172. The stock has a market capitalization of $723.21 million, a PE ratio of 11.73, a PEG ratio of 0.62 and a beta of 1.48. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.62. Oasis Midstream Partners has a one year low of $14.98 and a one year high of $24.21. The firm’s 50-day moving average is $20.44.

Oasis Midstream Partners (NYSE:OMP) last released its earnings results on Tuesday, May 7th. The company reported $0.63 EPS for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.01. The business had revenue of $91.65 million for the quarter, compared to analysts’ expectations of $85.60 million. Oasis Midstream Partners had a return on equity of 10.46% and a net margin of 20.42%. On average, analysts forecast that Oasis Midstream Partners will post 3.26 earnings per share for the current fiscal year.

About Oasis Midstream Partners

Oasis Midstream Partners LP provides crude oil, natural gas, and water-related midstream services in North America. It offers natural gas gathering, compression, processing, and gas lift services; crude oil gathering, stabilization, blending, and storage services; produced and flowback water gathering and disposal services; freshwater supply and distribution services; and crude oil transportation services from the Wild Basin operating area to Johnson's Corner.

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