The short interest in Hi-Crush Partners (HCLP) as a percentage of its float is 7.7%. The short interest is higher than the 6.6% at the end of February 2018. According to data released on March 26, 2018, the total number of Hi-Crush Partners shares shorted was ~5.9 million on March 15, 2018, 17.3% higher than the ~5.0 million on February 28, 2018. The short interest in Hi-Crush Partners is higher than its average of ~4.6% in the last five years.
The above graph shows the changes in the short interest in Hi-Crush Partners stock in the past year along with its stock price. The recent rise in the short interest in Hi-Crush Partners might show that more investors think the price will fall soon compared to the investors that expected a fall at the end of February 2018.
Short interest ratio
The short interest in Hi-Crush Partners stock is ~5.9 million shares, while its average 30-day daily trading volume is ~1.8 million shares. So, Hi-Crush Partners’ short interest ratio, the short interest divided by its average trading volume, is ~3.3x. This ratio shows that it’ll take slightly more than three days to cover all of the open short positions in Hi-Crush Partners stock.
The short interest in Emerge Energy Services (EMES) was ~1.7 million shares on March 15, 2018, 1.8% lower than on February 28, 2018. The short interest in Fairmount Santrol Holdings (FMSA) fell nearly 2.2% to ~23.4 million shares on March 15, 2018.
Next, we’ll see what Wall Street analysts currently recommend for Hi-Crush Partners.