Par Pacific Holdings Inc (NYSE:PARR) Could Improve Your Long Portfolio After Less Shorts Reported

August 9, 2018 - By Richard Slagle

Par Pacific Holdings, Inc. (NYSE:PARR) Logo

The stock of Par Pacific Holdings Inc (NYSE:PARR) registered a decrease of 1.38% in short interest. PARR’s total short interest was 2.66 million shares in August as published by FINRA. Its down 1.38% from 2.70M shares, reported previously. With 137,700 shares average volume, it will take short sellers 19 days to cover their PARR’s short positions. The short interest to Par Pacific Holdings Inc’s float is 9.65%.

The stock increased 1.22% or $0.21 during the last trading session, reaching $17.49. About 326,409 shares traded or 47.28% up from the average. Par Pacific Holdings, Inc. (NYSE:PARR) has risen 5.39% since August 9, 2017 and is uptrending. It has underperformed by 7.18% the S&P500.

Par Pacific Holdings, Inc. owns, manages, and maintains interests in energy and infrastructure businesses. The company has market cap of $802.47 million. It operates through three divisions: Refining, Retail, and Logistics. It has a 14.07 P/E ratio. The Refining segment operates a refinery that produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, and other associated refined products.

Another recent and important Par Pacific Holdings, Inc. (NYSE:PARR) news was published by Nasdaq.com which published an article titled: “Market Trends Toward New Normal in Par Pacific, EchoStar, Washington Federal, Advanced Drainage, National …” on August 02, 2018.

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