Short Interest Update on Crestwood Equity Partners LP (CEQP)

Crestwood Equity Partners LP (CEQP) : The bears are holding on to their shorts in Accenture Plc with 4 more days remaining for them to cover their positions. The bearish positions have increased from 1,007,178 on Jul 29, 2016, to 1,078,538, on August 15, 2016. Daily, 282,336 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 71,360 shares, which is an increase of just 7.1%. The total short interest of 2.3% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.

Crestwood Equity Partners LP (NYSE:CEQP): The stock opened at $21.76 on Wednesday but the bulls could not build on the opening and the stock topped out at $22.14 for the day. The stock traded down to $21.60 during the day, due to lack of any buying support eventually closed down at $21.88 with a loss of -0.18% for the day. The stock had closed at $21.92 on the previous day. The total traded volume was 207,987 shares.


In a related news, Wood David M., director of Crestwood Equity Partners Lp had purchased 10,000 shares on December 10, 2015 in a transaction. The price per share was $13.91 and the total amount of the disclosed transaction was $139,100.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Crestwood Equity Partners LP develops, acquires, owns and operates primarily assets and operations within the energy midstream sector. The Company operates through three segments: gathering and processing segment, which provides natural gas gathering, processing, treating and compression services to producers in shale plays located in West Virginia, Wyoming, Texas, Arkansas, New Mexico and Louisiana; Storage and Transportation segment, which owns and operates natural gas storage facilities with an aggregate working gas storage capacity of approximately 79.3 billion cubic feet per day (Bcf/d), including its 50.01% interest in Tres Palacios Gas Storage Company LLC, and NGL and crude services segment, which includes crude oil rail terminals, the Arrow gathering system, its fleet of over-the-road crude oil and produced water transportation assets, an NGL storage facility, and US Salt, LLC.

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