Today Crossamerica Partners LP (NYSE:CAPL) Reported Increase in Shorted Shares

September 17, 2017 - By Linda Rogers

 Today Crossamerica Partners LP (NYSE:CAPL) Reported Increase in Shorted Shares

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. RBC Capital Markets maintained the shares of CAPL in report on Sunday, August 27 with “Hold” rating. The stock of Crossamerica Partners LP (NYSE:CAPL) earned “Hold” rating by RBC Capital Markets on Monday, June 19. The rating was downgraded by Robert W. Baird to “Outperform” on Monday, August 10. As per Thursday, February 4, the company rating was upgraded by Robert W. Baird. The firm has “Buy” rating given on Tuesday, August 8 by Jefferies. Wells Fargo downgraded the shares of CAPL in report on Friday, January 15 to “Market Perform” rating. The stock of Crossamerica Partners LP (NYSE:CAPL) earned “Outperform” rating by Oppenheimer on Monday, August 10. The firm has “Neutral” rating by Bank of America given on Wednesday, July 26. Wunderlich maintained the stock with “Buy” rating in Wednesday, September 16 report. The stock has “Buy” rating by Wunderlich on Tuesday, August 11.

More notable recent Crossamerica Partners LP (NYSE:CAPL) news were published by: Nasdaq.com which released: “CrossAmerica Partners LP (CAPL) Ex-Dividend Date Scheduled for May 04, 2017” on May 03, 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 Q1 2017 Results – Earnings Call Transcript” on May 09, 2017. More interesting news about Crossamerica Partners LP (NYSE:CAPL) were released by: Seekingalpha.com and their article: “Crossamerica Partners’ (CAPL) on Q4 2016 Results – Earnings Call Transcript” published on February 28, 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.

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