Short interest in EMES

According to data released on September 12, 2017, the short interest as a percentage of floating shares in Emerge Energy Services (EMES) on August 31, 2017, was 9.9% compared to 10.9% on August 15, 2017.

The total EMES shares shorted fell from ~3.1 million to ~2.8 million. The current short interest in EMES, however, is higher than the four-year average of ~6.3%.

Short Interest in Emerge Energy Services: The Recent Fall

The recent fall in short interest in Emerge Energy Services stock could indicate that fewer investors expect its price to fall further than the number of investors that expected a fall in mid-August. It’s worth noting that investors could be mistaken in their expectations.

The short interest ratio for Emerge Energy Services is ~6.0x. That indicates that it would take nearly six days to cover all of the open short positions in Emerge Energy Services stock.

The above chart shows the changes in short interest as a percentage of float for Hi-Crush Partners (HCLP) and Emerge Energy Services.

Short interest in HCLP

Short interest as a percentage of float in Hi-Crush Partners on August 31, 2017, was 10.0%. That’s marginally lower than it was on August 15, 2017.

The total HCLP shares shorted fell from ~7.79 million to ~7.78 million. The current short interest in HCLP, however, is higher than the four-year average of ~4.5%. As the above graph shows, short interest in HCLP has been on a rising trend since the start of 2017.

The short interest ratio for Hi-Crush Partners is ~4.0x. That indicates that it would take nearly four days to cover all the open short positions in Hi-Crush Partners stock.

Let’s see next what the current valuations of Emerge Energy Services and Hi-Crush Partners indicate.

Latest articles

25 Jun

Gold Breaches $1,400: What’s the Next Stop?

WRITTEN BY Anuradha Garg

Gold is now trading close to a six-year high following the Fed’s dovish pivot at its June policy meeting. After being range-bound for the last five years, gold has finally broken out and its outlook is bullish.

Shares of the J.M. Smucker Company (SJM) are up 29.8% year-to-date as of June 24 and have outperformed the broader markets. The company's acquisition of Ainsworth Pet Nutrition and its focus on high-growth categories via divestitures have supported its stock so far this year.

On June 25, General Motors (GM), America’s largest auto company, announced its plan to invest $20 million into its Arlington Assembly plant in Texas, according to Reuters. With the new investment, the company aims to upgrade its equipment before launching its full-size SUVs.

Shares of high-growth technology company ServiceNow (NOW) have gained close to 16.0% since April 2019. It's gained over 60.0% since the start of 2019. It also had an encouraging run in 2018, when it gained 32.0% in market value.

25 Jun

Ford to Announce Q2 US Sales on July 3: What to Expect

WRITTEN BY Jitendra Parashar

Earlier today, Ford (F) said that it would announce its second-quarter US sales data on July 3. In the first quarter, the company reported a 1.6% YoY decline in its US sales to 590,249 vehicle units. During the first quarter, Ford’s truck sales rose by 4.1%, and its SUV sales went up by 5.0% on a YoY basis.

On June 25, Credit Suisse initiated coverage on Chipotle Mexican Grill with an “outperform” rating and a target price of $870—a return potential of 20.1% from its stock price of $724.13 on June 24.

172.31.71.127