As of May 3, 2018 Ultrapar Participacoes S.A. (new) American Deposit (NYSE:UGP) Shorts Declined By 10.48%

May 3, 2018 - By Anthony Rauscher

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

Change of 10.48% for Ultrapar Participacoes S.A. (new) American Deposit (NYSE:UGP)’s shares shorted was registered. FINRA issued shares shorted of UGP’s total 932,900 shares. Previously was reported down change of 10.48% from 1.04M shares. Ultrapar Participacoes S.A. (new) American Deposit (NYSE:UGP) has 455,600 shares average volume. It’ll cost 2 days for UGP to restore its previous position. Ultrapar Participacoes S.A. (new) American Deposit float short is 0.24%.

UGP is hitting $16.92 during the last trading session, after decreased 1.05%.Currently Ultrapar Participações S.A. is downtrending after 8.70% change in last May 3, 2017. UGP has also 428,476 shares volume. UGP underperformed the S&P500 by 20.25%.

Ultrapar Participações S.A., through its subsidiaries, engages in the liquefied petroleum gas distribution, fuel distribution, and related businesses.The firm is worth $9.23 billion. It operates through five divisions: Gas Distribution, Fuel Distribution, Chemicals, Storage, and Drugstores.The P/E ratio is 19.14. 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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