Crossamerica Partners LP (NYSE:CAPL) Can’t Be More Risky. Short Interest Increased

September 17, 2017 - By Darrin Black

 Crossamerica Partners LP (NYSE:CAPL) Can't Be More Risky. Short Interest Increased

The stock of Crossamerica Partners LP (NYSE:CAPL) registered an increase of 4.83% in short interest. CAPL’s total short interest was 30,400 shares in September as published by FINRA. Its up 4.83% from 29,000 shares, reported previously. With 32,400 shares average volume, it will take short sellers 1 days to cover their CAPL’s short positions. The short interest to Crossamerica Partners LP’s float is 0.2%.

The stock decreased 0.11% or $0.03 on September 15, reaching $27.62. About 45,174 shares traded. Crossamerica Partners LP (NYSE:CAPL) has risen 2.84% since September 17, 2016 and is uptrending. It has underperformed by 13.86% the S&P500.

CrossAmerica Partners LP is a limited partnership engaged in the wholesale distribution of motor fuel, and the ownership and leasing of real estate used in the retail distribution of motor fuel. The company has market cap of $935.24 million. The Firm operates in two divisions: wholesale and retail. It currently has negative earnings. The wholesale segment is engaged in the wholesale distribution of motor fuel to lessee dealers, independent dealers, commission agents, Dunne Manning Stores LLC , CST Brands, Inc. and subsidiaries (CST) and firm operated retail sites.

Crossamerica Partners LP (NYSE:CAPL) Ratings Coverage

Among 12 analysts covering CrossAmerica Partners (NYSE:CAPL), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. CrossAmerica Partners had 22 analyst reports since August 10, 2015 according to SRatingsIntel. Wunderlich maintained it with “Buy” rating and $29 target in Tuesday, August 11 report. The firm has “Hold” rating by RBC Capital Markets given on Sunday, August 27. FBR Capital initiated Crossamerica Partners LP (NYSE:CAPL) on Friday, September 9 with “Outperform” rating. The stock of Crossamerica Partners LP (NYSE:CAPL) has “Neutral” rating given on Wednesday, July 26 by Bank of America. Wunderlich maintained the stock with “Buy” rating in Wednesday, September 16 report. The firm earned “Outperform” rating on Thursday, February 4 by Robert W. Baird. The rating was initiated by RBC Capital Markets with “Sector Perform” on Thursday, October 27. The company was downgraded on Friday, January 15 by Wells Fargo. The stock of Crossamerica Partners LP (NYSE:CAPL) has “Outperform” rating given on Monday, August 10 by Robert W. Baird. The firm earned “Buy” rating on Tuesday, August 22 by Robert W. Baird.

More notable recent Crossamerica Partners LP (NYSE:CAPL) news were published by: Seekingalpha.com which released: “CrossAmerica Partners’ (CAPL) on Q1 2017 Results – Earnings Call Transcript” on May 09, 2017, also Seekingalpha.com with their article: “CrossAmerica Partners’ (CAPL) CEO Jeremy Bergeron on Q2 2017 Results …” published on August 08, 2017, Seekingalpha.com published: “Crossamerica Partners’ (CAPL) on Q4 2016 Results – Earnings Call Transcript” on February 28, 2017. More interesting news about Crossamerica Partners LP (NYSE:CAPL) were released by: Nasdaq.com and their article: “CrossAmerica Partners LP (CAPL) Ex-Dividend Date Scheduled for May 04, 2017” published on May 03, 2017 as well as Nasdaq.com‘s news article titled: “CrossAmerica Partners LP: Announces Pending Acquisition of Assets of Jet Pep …” with publication date: August 07, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: