Mid-Con Energy Partners LP (NASDAQ:MCEP) Short Interest Update

Share on StockTwits

Mid-Con Energy Partners LP (NASDAQ:MCEP) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 54,400 shares, a decrease of 63.7% from the July 31st total of 150,000 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 261,800 shares, the days-to-cover ratio is currently 0.2 days.

Shares of NASDAQ:MCEP traded up $0.01 during midday trading on Friday, reaching $0.41. 4,191 shares of the company were exchanged, compared to its average volume of 128,822. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.10. The business’s fifty day moving average is $0.42 and its two-hundred day moving average is $0.61. Mid-Con Energy Partners has a one year low of $0.33 and a one year high of $1.64. The stock has a market cap of $12.61 million, a PE ratio of 2.00 and a beta of 1.75.

Mid-Con Energy Partners (NASDAQ:MCEP) last issued its earnings results on Wednesday, July 31st. The oil and gas producer reported $0.07 earnings per share for the quarter. Mid-Con Energy Partners had a negative net margin of 0.93% and a positive return on equity of 35.24%. The firm had revenue of $20.93 million during the quarter.

A hedge fund recently raised its stake in Mid-Con Energy Partners stock. Jackson Hole Capital Partners LLC increased its stake in shares of Mid-Con Energy Partners LP (NASDAQ:MCEP) by 81.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 88,747 shares of the oil and gas producer’s stock after acquiring an additional 39,874 shares during the quarter. Jackson Hole Capital Partners LLC owned about 0.29% of Mid-Con Energy Partners worth $71,000 at the end of the most recent quarter. Institutional investors own 10.69% of the company’s stock.

About Mid-Con Energy Partners

Mid-Con Energy Partners, LP engages in the acquisition, ownership, and development of producing oil and natural gas properties in North America. The company's properties are primarily located in the Mid-Continent, Permian, Big Horn, and Powder River Basin regions of the United States in Oklahoma, Texas, and Wyoming areas.

Featured Story: How are institutional investors different from individual investors?

Receive News & Ratings for Mid-Con Energy Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mid-Con Energy Partners and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.