Short Interest Worth Mentioning Today: Vtti Energy Partners LP (NYSE:VTTI) Stock Is Shorted Less

November 21, 2016 - By Louis Casey   ·   0 Comments

Short Interest Worth Mentioning Today: Vtti Energy Partners LP (NYSE:VTTI) Stock Is Shorted Less

The stock of Vtti Energy Partners LP (NYSE:VTTI) registered a decrease of 11.44% in short interest. VTTI’s total short interest was 203,600 shares in November as published by FINRA. Its down 11.44% from 229,900 shares, reported previously. With 85,400 shares average volume, it will take short sellers 2 days to cover their VTTI’s short positions. The short interest to Vtti Energy Partners LP’s float is 1.02%. The stock closed at $17.05 during the last session. It is down 12.38% since April 19, 2016 and is downtrending. It has underperformed by 16.24% the S&P500.

VTTI Energy Partners LP provides terminaling services for third party companies engaged in the production, processing, distribution and marketing of refined petroleum products and crude oil. The company has a market cap of $786.70 million. The Firm operates through the segment of energy storage terminaling business. It has a 29.55 P/E ratio. The Company’s assets consist of approximately 42.6% interest in VTTI MLP B.V., which owns a portfolio of over six terminals with over 400 tanks and approximately 35.7 million barrels of refined petroleum product and crude oil storage capacity located in Europe, the Middle East, Asia and North America.

VTTI Energy Partners LP (NYSE:VTTI) Ratings Coverage

Out of 3 analysts covering VTTI Energy Partners (NYSE:VTTI), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. VTTI Energy Partners has been the topic of 5 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Credit Suisse downgraded VTTI Energy Partners LP (NYSE:VTTI) rating on Thursday, March 17. Credit Suisse has “Neutral” rating and $24 price target. Credit Suisse initiated VTTI Energy Partners LP (NYSE:VTTI) on Monday, October 26 with “Outperform” rating. On Tuesday, January 19 the stock rating was reinitiated by Citigroup with “Buy”. DA Davidson initiated it with “Buy” rating and $26.50 target price in Friday, October 7 report.

VTTI Company Profile

VTTI Energy Partners LP, incorporated on April 11, 2014, provides terminaling services for third party companies engaged in the production, processing, distribution and marketing of refined petroleum products and crude oil. The Firm operates through the segment of energy storage terminaling business. The Company’s assets consist of approximately 42.6% interest in VTTI MLP B.V. (VTTI Operating), which owns a portfolio of over six terminals with over 400 tanks and approximately 35.7 million barrels of refined petroleum product and crude oil storage capacity located in Europe, the Middle East, Asia and North America. The Firm generates its revenue from long-term, fee-based, take-or-pay contracts for the terminal storage and throughput of refined petroleum products and crude oil. The Company’s terminals are located in international supply and demand centers for refined petroleum products and crude oil and provide midstream infrastructure services to its clients at these international market hubs. It provides storage and terminaling services for various energy industry participants, including marketing companies, integrated oil companies, national oil companies, distributors, and chemical and petrochemical companies.

More notable recent VTTI Energy Partners LP (NYSE:VTTI) news were published by: Prnewswire.com which released: “VTTI Energy Partners LP Announces Completion Of The Acquisition Of An …” on September 01, 2016, also Prnewswire.com with their article: “VTTI Energy Partners LP Announces Public Offering of Common Units” published on August 08, 2016, Seekingalpha.com published: “VTTI Energy Partners LP’s (VTTI) CEO Rob Nijst on Q3 2016 Results – Earnings …” on November 08, 2016. More interesting news about VTTI Energy Partners LP (NYSE:VTTI) were released by: Prnewswire.com and their article: “Buckeye Partners to acquire 50% of VTTI, a Vitol Group company” published on October 24, 2016 as well as Prnewswire.com‘s news article titled: “VTTI Energy Partners LP Files 2015 Annual Report on Form 20-F” with publication date: April 29, 2016.

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By Louis Casey


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