Cheniere Energy Partners LP (CQP) Sees Large Growth in Short Interest

Cheniere Energy Partners LP (NYSE:CQP) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 2,520,727 shares, a growth of 3.6% from the June 30th total of 2,434,275 shares. Based on an average daily trading volume, of 160,166 shares, the days-to-cover ratio is presently 15.7 days. Approximately 6.3% of the company’s shares are short sold.

Separately, Wolfe Research assumed coverage on Cheniere Energy Partners in a research report on Wednesday, June 22nd. They set an “outperform” rating for the company.

Cheniere Energy Partners (NYSE:CQP) traded down 0.07% during trading on Tuesday, hitting $27.49. The stock had a trading volume of 165,113 shares. Cheniere Energy Partners has a 52 week low of $19.22 and a 52 week high of $31.75. The company has a 50-day moving average of $29.37 and a 200 day moving average of $27.34. The company’s market cap is $9.29 billion.

The business also recently declared a quarterly dividend, which will be paid on Friday, August 12th. Stockholders of record on Monday, August 1st will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 6.18%. The ex-dividend date is Thursday, July 28th.