Usd Partners Lpunits Representing Limited (NYSE:USDP) Sellers Covered 27.78% of Their Shorts

March 14, 2018 - By Stephen Andrade

 Usd Partners Lpunits Representing Limited (NYSE:USDP) Sellers Covered 27.78% of Their Shorts

The stock of Usd Partners Lpunits Representing Limited (NYSE:USDP) registered a decrease of 27.78% in short interest. USDP’s total short interest was 57,200 shares in March as published by FINRA. Its down 27.78% from 79,200 shares, reported previously. With 31,200 shares average volume, it will take short sellers 2 days to cover their USDP’s short positions. The short interest to Usd Partners Lpunits Representing Limited’s float is 0.42%.

It closed at $11.2 lastly. It is down 27.53% since March 14, 2017 and is uptrending. It has outperformed by 10.83% the S&P500.

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 market cap of $295.23 million. The firm operates through two divisions, Terminalling Services and Fleet Services. It has a 12.98 P/E ratio. 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

Among 4 analysts covering USD Partners LP (NYSE:USDP), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. USD Partners LP had 13 analyst reports since July 21, 2015 according to SRatingsIntel. Bank of America upgraded USD Partners LP (NYSE:USDP) on Monday, February 5 to “Neutral” rating. The stock has “Underperform” rating by Bank of America on Friday, February 3. The rating was downgraded by Janney Capital on Tuesday, October 18 to “Neutral”. The stock of USD Partners LP (NYSE:USDP) earned “Buy” rating by Citigroup on Tuesday, March 29. The stock of USD Partners LP (NYSE:USDP) earned “Neutral” rating by B. Riley & Co on Tuesday, December 19. Citigroup downgraded USD Partners LP (NYSE:USDP) rating on Thursday, May 26. Citigroup has “Neutral” rating and $10.50 target. The rating was initiated by FBR Capital on Friday, September 9 with “Outperform”. The stock has “Equal Weight” rating by Barclays Capital on Tuesday, July 21. The firm has “Buy” rating by FBR Capital given on Friday, May 5. The rating was maintained by FBR Capital on Monday, November 7 with “Outperform”.

More notable recent USD Partners LP (NYSE:USDP) news were published by: which released: “USD Partners Announces Acquisition of Crude Oil Destination Terminal in Stroud …” on June 05, 2017, also with their article: “USD Partners to Attend 2018 Barclays MLP Corporate Access Days in New York City” published on February 22, 2018, published: “USD Partners’ (USDP) CEO Dan Borgen on Q3 2017 Results – Earnings Call Transcript” on November 08, 2017. More interesting news about USD Partners LP (NYSE:USDP) were released by: and their article: “USD Partners LP Announces Fourth Quarter and Full Year 2017 Results” published on March 08, 2018 as well as‘s news article titled: “USD Partners’ Distribution Train Set For Derailment; $0 Target” with publication date: September 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.