ONEOK Partners L.P. (OKS) : Traders are increasing their bearish positions on the stock, as is visible by the 14% jump in the outstanding short positions; a total addition of 498,708 shares on the sell side. On Jul 29, 2016, the total short positions were 3,571,377 shares, which went up to 4,070,085 shares by the close of trading on August 15, 2016. It will take 7 days for the bears to roll over or cover. An average of 575,010 shares exchange hands daily. 2.4% of the float of the stock has been sold short by the bears. The short interest information was released on Wednesday Aug 24th after the market close.
ONEOK Partners L.P. (NYSE:OKS): The stock opened at $39.80 on Wednesday but the bulls could not build on the opening and the stock topped out at $40.15 for the day. The stock traded down to $39.80 during the day, due to lack of any buying support eventually closed down at $39.99 with a loss of -0.22% for the day. The stock had closed at $40.08 on the previous day. The total traded volume was 423,925 shares.
In a related news, Miers Sheppard F Iii, officer (VP & Chief Accounting Officer) of Oneok Partners Lp, had purchased 6,400 shares on March 4, 2016. The total value of the transaction was $201,536. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
ONEOK Partners, L.P. is engaged in gathering, processing, storage and transportation of natural gas in the United States. In addition, the Company owns natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent and Rocky Mountain regions. The Company operates in three segments: Natural Gas Gathering and Processing, Natural Gas Liquids and Natural Gas Pipelines. The Companys Natural Gas Gathering and Processing segment provides nondiscretionary services to producers, which include gathering and processing of natural gas produced from crude oil and natural gas wells. The Companys Natural Gas Liquids segment owns and operates facilities that gather, fractionate, treat and distribute NGLs and store NGL products in Oklahoma, Kansas, Texas, New Mexico and the Rocky Mountain region. The Companys Natural Gas Pipelines segment owns and operates regulated natural gas transmission pipelines and natural gas storage facilities.