1 day Ago By Defense World Staff
Calumet Specialty Products Partners, L.P. ( NASDAQ:CLMT – Get Free Report ) saw a significant growth in short interest in the month of August.
As of August 31st, there was short interest totalling 2,350,000 shares, a growth of 9.8% from the August 15th total of 2,140,000 shares. Approximately 3.
4% of the shares of the company are sold short. Based on an average daily volume of 493,900 shares, the days-to-cover ratio is currently 4.8 days.
Hedge Funds Weigh In On Calumet Specialty Products Partners A number of hedge funds have recently bought and sold shares of the business. ICA Group Wealth Management LLC acquired a new stake in Calumet Specialty Products Partners during the fourth quarter worth about $116,000. Future Financial Wealth Managment LLC acquired a new stake in Calumet Specialty Products Partners during the first quarter worth about $119,000.
Wedbush Securities Inc. acquired a new stake in Calumet Specialty Products Partners during the second quarter worth about $169,000. Deuterium Capital Management LLC acquired a new stake in Calumet Specialty Products Partners during the first quarter worth about $159,000.
Finally, Mcintyre Freedman & Flynn Investment Advisers Inc. acquired a new stake in Calumet Specialty Products Partners during the first quarter worth about $171,000. 34.
41% of the stock is owned by institutional investors. Calumet Specialty Products Partners Stock Performance NASDAQ:CLMT traded down $0.05 during mid-day trading on Wednesday, reaching $18.
24. 1,455,647 shares of the company’s stock were exchanged, compared to its average volume of 279,357. Calumet Specialty Products Partners has a one year low of $9.
97 and a one year high of $21.19. The firm has a market capitalization of $1.
47 billion, a PE ratio of -260.57 and a beta of 1.92.
The business’s fifty day simple moving average is $15.77 and its two-hundred day simple moving average is $15.64.
Wall Street Analyst Weigh In Several equities analysts have recently weighed in on CLMT shares. TD Cowen dropped their price objective on shares of Calumet Specialty Products Partners from $20.00 to $18.
00 and set a “buy” rating on the stock in a research report on Monday, August 12th. StockNews.com started coverage on shares of Calumet Specialty Products Partners in a research report on Friday, September 13th.
They issued a “hold” rating on the stock. HC Wainwright reissued a “buy” rating and issued a $25.00 price objective on shares of Calumet Specialty Products Partners in a research report on Monday, August 12th.
Finally, The Goldman Sachs Group dropped their price objective on shares of Calumet Specialty Products Partners from $17.00 to $15.00 and set a “buy” rating on the stock in a research report on Monday, August 5th.
One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $19.33.
Check Out Our Latest Stock Analysis on Calumet Specialty Products Partners About Calumet Specialty Products Partners ( Get Free Report ) Calumet, Inc manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to various consumer-facing and industrial markets in North America and internationally. It operates through Specialty Products and Solutions; Montana/Renewables; and Performance brands segments. Recommended Stories Five stocks we like better than Calumet Specialty Products Partners How to Invest in Tech Stocks and Top Tech Stocks to Consider How Much Can You Make in Stocks in One Month? How the NYSE and NASDAQ are Different, Why That Matters to Investors This Is the Top Large-Cap Stock Insiders Are Buying What are earnings reports? Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside Receive News & Ratings for Calumet Specialty Products Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calumet Specialty Products Partners and related companies with MarketBeat.
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