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

June 27, 2018 - By Damon Whitfield

USD Partners LP (NYSE:USDP) Corporate Logo

Usd Partners Lpunits Representing Limited (NYSE:USDP) showed a decrease of 10.2% in short interest. It was issued in June by FINRA the 53,700 short interest 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 recover its former position. 0.39% is Usd Partners Lpunits Representing Limited float short.

Lastly it traded at $10.9.It’s downtrending since June 27, 2017 and is 21.28% down. The stock 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 company has $289.94 million market cap. 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”. 50% are bullish. 2 are the (NYSE:USDP)’s analyst reports since February 5, 2018 according to StockzIntelligence Inc. On Monday, June 11 the rating was upgraded by FBR Capital to “Buy”. On Monday, February 5 the firm earned “Neutral” rating by Bank of America.

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

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