The stock of Rose Rock Midstream LP (NYSE:RRMS) registered an increase of 2.03% in short interest. RRMS’s total short interest was 276,200 shares in February as published by FINRA. Its up 2.03% from 270,700 shares, reported previously. With 192,600 shares average volume, it will take short sellers 1 days to cover their RRMS’s short positions. The short interest to Rose Rock Midstream LP’s float is 3.65%. The stock is up 10.31% or $0.99 after the news, hitting $10.59 per share. About 65,313 shares traded hands. Rose Rock Midstream LP (NYSE:RRMS) has declined 79.50% since July 13, 2015 and is downtrending. It has underperformed by 69.78% the S&P500.
Rose Rock Midstream, L.P. owns, operates, develops and acquires diversified portfolio of midstream energy assets. The company has a market cap of $499.17 million. The Firm is engaged in providing midstream energy related services, such as crude oil gathering, transportation, storage, distribution and marketing in Colorado, Kansas, Louisiana, Montana, New Mexico, North Dakota, Ohio, Oklahoma, Texas and Wyoming. It has 8.61 P/E ratio. The Firm is managed and operated by its general partner Rose Rock Midstream GP, LLC (Rose Rock GP), which is a wholly owned subsidiary of SemGroup Corporation (SemGroup).
The institutional sentiment decreased to 0.72 in Q3 2015. Its down 0.19, from 0.91 in 2015Q2. The ratio is negative, as 19 funds sold all Rose Rock Midstream LP shares owned while 20 reduced positions. 5 funds bought stakes while 23 increased positions. They now own 12.70 million shares or 5.75% less from 13.48 million shares in 2015Q2.
Yorkville Capital Management Llc holds 1.85% of its portfolio in Rose Rock Midstream LP for 75,946 shares. Tph Asset Management Llc owns 273,075 shares or 0.95% of their US portfolio. Moreover, Goodwin Daniel L has 0.71% invested in the company for 108,179 shares. The Texas-based Salient Capital Advisors Llc has invested 0.6% in the stock. Spirit Of America Management Corp Ny, a New York-based fund reported 91,251 shares.
Out of 9 analysts covering Rose Rock Midstream (NYSE:RRMS), 5 rate it “Buy”, 0 “Sell”, while 7 “Hold”. This means 42% are positive. Rose Rock Midstream was the topic in 10 analyst reports since August 10, 2015 according to StockzIntelligence Inc.
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