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

Ferrellgas Partners, L.P. (OTCMKTS:FGPR) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 3,300 shares, a drop of 5.7% from the July 15th total of 3,500 shares. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is currently 1.3 days.

Ferrellgas Partners Trading Up 0.3 %

OTCMKTS:FGPR opened at $11.03 on Wednesday. The stock has a market cap of $1.07 billion, a P/E ratio of -12.98 and a beta of 2.99. The stock has a 50 day simple moving average of $11.39 and a 200 day simple moving average of $11.21. Ferrellgas Partners has a 1-year low of $6.00 and a 1-year high of $18.00.

About Ferrellgas Partners

Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies. The company transports propane to propane distribution locations, tanks on customers' premises, or to portable propane tanks delivered to retailers. It conducts its portable tank exchange operations under the Blue Rhino brand name through a network of independent and partnership-owned distribution outlets.