Usd Partners Lpunits Representing Limited (NYSE:USDP) Sellers Decreased Their Shorts By 10.2%

June 27, 2018 - By Don Salinas

USD Partners LP (NYSE:USDP) Corporate Logo

Usd Partners Lpunits Representing Limited (NYSE:USDP) reported a decrease of 10.2% in shares shorted. It was published in June by FINRA the 53,700 shares shorted on USDP. That’s 10.2% down from 59,800 shares. Usd Partners Lpunits Representing Limited (NYSE:USDP) has 35,600 shares average volume. It’ll cost 2 days for USDP to restore its former position. 0.39% is Usd Partners Lpunits Representing Limited float short.

The last price was $10.9.It’s downtrending since June 27, 2017 and is 21.28% down. USDP underperformed the S&P500 by 33.85%.

USD Partners LP acquires, develops, and operates energy-related rail terminals and other midstream infrastructure assets in the United States and Canada.The firm is worth $289.94 million. The firm operates through two divisions, Terminalling Services and Fleet Services.The P/E ratio is 12.22. The Terminalling Services segment owns and operates Hardisty terminal, an origination terminal for loading various grades of Canadian crude oil onto railcars for transportation to end markets; Casper terminal, a crude oil storage, blending, and railcar loading terminal located in Casper, Wyoming; and terminals in San Antonio, Texas and West Colton, California, which are unit train-capable destination terminals that transload ethanol received by rail from producers onto trucks.

USD Partners LP (NYSE:USDP) Ratings Coverage

In total 2 analysts cover USD Partners (NYSE:USDP). “Buy” rating has 1, “Sell” are 0, while 1 are “Hold”. (NYSE:USDP) has 50% bullish analysts. 2 are the (NYSE:USDP)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Monday, February 5 the firm has “Neutral” rating by Bank of America given. On Monday, June 11 FBR Capital upgraded the shares of USDP in report to “Buy” rating.

Another two news for USD Partners LP (NYSE:USDP) were briefly posted by: Businesswire.com on June 07, 2018 with title “USD Announces Execution of Five-year Terminalling Services Agreement with New Refiner Customer at Hardisty”. The other Businesswire.com‘s article was titled “USD Partners Announces Contract Extension at Hardisty Terminal” and posted on June 26, 2018.

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