Short interest totalling 2,16M shares

The stock of Emerge Energy Services LP (NYSE:EMES) registered a decrease of 23.16% in short interest. EMES’s total short interest was 2.16M shares in July as published by FINRA. Its down 23.16% from 2.81 million shares, reported previously. With 1.32 million shares average volume, it will take short sellers 2 days to cover their EMES’s short positions. The short interest to Emerge Energy Services LP’s float is 14.16%. About 780 shares traded hands. Emerge Energy Services LP (NYSE:EMES) has risen 84.69% since December 11, 2015 and is uptrending. It has outperformed by 77.16% the S&P500.

Emerge Energy Services LP owns, operates, acquires and develops a portfolio of energy service assets. The company has a market cap of $228.23 million. The Company’s divisions include Sand segment, Fuel segment and Corporate. It currently has negative earnings. The Company’s Sand segment consists of the production and sale of various grades of industrial sand primarily used in the extraction of oil and natural gas, as well as the production of building products and foundry materials.

The institutional sentiment decreased to 0.52 in 2016 Q1. Its down 0.05, from 0.57 in 2015Q4. The ratio turned negative, as 13 funds sold all Emerge Energy Services LP shares owned while 14 reduced positions. 10 funds bought stakes while 4 increased positions. They now own 3.10 million shares or 69.54% less from 10.18 million shares in 2015Q4.