On Jun 27, 2018 Ultrapar Participacoes S.A. (new) American Deposit (NYSE:UGP) Shorts Rose By 45.47%

June 27, 2018 - By Anthony Rauscher

Ultrapar Participações S.A. (NYSE:UGP) Corporate Logo

It was recorded an increase on Ultrapar Participacoes S.A. (new) American Deposit (NYSE:UGP)’s short interest with 45.47%. In June was announced UGP’s total 2.18M short interest by FINRA. That’s 45.47% up from 1.50M shares. Former UGP’s position will need 3 days to recover. It has 644,300 average volume. Float short on Ultrapar Participacoes S.A. (new) American Deposit is 0.57%.

UGP reached $11.85 during the last trading session after $0.31 change.Currently Ultrapar Participações S.A. is downtrending after 41.87% change in last June 27, 2017. UGP has also 111,402 shares volume. UGP underperformed by 54.44% the S&P500.

Ultrapar Participações S.A., through its subsidiaries, engages in the liquefied petroleum gas distribution, fuel distribution, and related businesses.The company has $6.30 billion market cap. It operates through five divisions: Gas Distribution, Fuel Distribution, Chemicals, Storage, and Drugstores.13.4 is the P/E ratio. The Gas Distribution segment distributes LPG to residential, commercial, and industrial consumers, as well as independent dealers, principally in the South, Southeast, and Northeast regions of Brazil.

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