Cheniere Energy Partners LP Holdings LLC (NYSEAMERICAN:CQH) Sees Large Decline in Short Interest

Cheniere Energy Partners LP Holdings LLC (NYSEAMERICAN:CQH) was the target of a significant decline in short interest in December. As of December 29th, there was short interest totalling 984,082 shares, a decline of 2.9% from the December 15th total of 1,013,246 shares. Currently, 2.5% of the company’s stock are sold short. Based on an average daily trading volume, of 165,185 shares, the days-to-cover ratio is presently 6.0 days.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new position in shares of Cheniere Energy Partners in the 3rd quarter valued at $327,000. Cubist Systematic Strategies LLC acquired a new stake in Cheniere Energy Partners during the 3rd quarter worth $205,000. California Public Employees Retirement System raised its stake in Cheniere Energy Partners by 39.6% during the 3rd quarter. California Public Employees Retirement System now owns 34,201 shares of the energy company’s stock worth $858,000 after buying an additional 9,701 shares during the period. GSA Capital Partners LLP raised its stake in Cheniere Energy Partners by 102.8% during the 3rd quarter. GSA Capital Partners LLP now owns 16,443 shares of the energy company’s stock worth $412,000 after buying an additional 8,337 shares during the period. Finally, Susquehanna International Group LLP raised its stake in Cheniere Energy Partners by 152.3% during the 3rd quarter. Susquehanna International Group LLP now owns 20,227 shares of the energy company’s stock worth $507,000 after buying an additional 12,211 shares during the period.

A number of research analysts have commented on CQH shares. BidaskClub upgraded Cheniere Energy Partners from a “strong sell” rating to a “sell” rating in a research note on Friday, October 13th. Morgan Stanley upped their price target on Cheniere Energy Partners from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research note on Friday, November 17th. Zacks Investment Research downgraded Cheniere Energy Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. Finally, US Capital Advisors downgraded Cheniere Energy Partners from an “overweight” rating to a “hold” rating in a research note on Thursday, January 4th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $26.00.

Cheniere Energy Partners (NYSEAMERICAN CQH) traded down $0.38 during trading on Friday, reaching $28.78. The company’s stock had a trading volume of 155,156 shares, compared to its average volume of 146,604. The firm has a market cap of $6,670.00, a PE ratio of 359.75 and a beta of 0.99. Cheniere Energy Partners has a 12-month low of $22.31 and a 12-month high of $29.73.

Cheniere Energy Partners (NYSEAMERICAN:CQH) last released its quarterly earnings data on Tuesday, November 14th. The energy company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.31). The firm had revenue of $5.08 million during the quarter, compared to the consensus estimate of $104.60 million.

ILLEGAL ACTIVITY WARNING: “Cheniere Energy Partners LP Holdings LLC (NYSEAMERICAN:CQH) Sees Large Decline in Short Interest” was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this story on another site, it was illegally stolen and reposted in violation of United States & international copyright laws. The legal version of this story can be accessed at https://www.dispatchtribunal.com/2018/02/03/cheniere-energy-partners-lp-holdings-llc-cqh-short-interest-down-2-9-in-december.html.

About Cheniere Energy Partners

Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings) is a limited liability company. The Company’s business consists of owning and holding Cheniere Energy Patners, L.P. (Cheniere Partners) limited partner common units, Class B units and subordinated units (collectively, the Cheniere Partners units), along with cash or other property that it receives as distributions in respect of such units.

Receive News & Ratings for Cheniere Energy Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy Partners and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply