Superior Plus Corp. (OTCMKTS:SUUIF) Short Interest Down 54.0% in May

by · The Cerbat Gem

Superior Plus Corp. (OTCMKTS:SUUIF – Get Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 985,416 shares, a decline of 54.0% from the April 30th total of 2,139,999 shares. Based on an average daily trading volume, of 158,681 shares, the short-interest ratio is presently 6.2 days.

Superior Plus Stock Up 0.2%

Superior Plus stock traded up $0.01 during trading hours on Monday, hitting $6.07. 2,330 shares of the stock traded hands, compared to its average volume of 118,314. Superior Plus has a 1 year low of $4.34 and a 1 year high of $6.24. The firm’s 50 day moving average price is $5.24 and its 200-day moving average price is $5.19.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Desjardins downgraded shares of Superior Plus to a “hold” rating in a research note on Monday, February 23rd. Raymond James Financial downgraded shares of Superior Plus from an “outperform” rating to a “market perform” rating in a research note on Monday, February 23rd. TD Securities reiterated a “hold” rating on shares of Superior Plus in a research note on Friday, May 15th. Scotiabank reiterated a “sector perform” rating on shares of Superior Plus in a research note on Tuesday, May 19th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Superior Plus in a research note on Thursday, May 14th. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Superior Plus has a consensus rating of “Hold”.

Read Our Latest Analysis on Superior Plus

Superior Plus Company Profile

(Get Free Report)

Superior Plus Partnership (OTCMKTS: SUUIF) is a Canada-based energy and chemical distribution company with operations spanning both North America and select international markets. Through its Energy Distribution segment, the company delivers propane and distillate fuels to residential, commercial, agricultural and industrial customers. Its fleet of bulk transport vehicles and network of retail locations provides reliable home heating, on-farm energy and commercial fuel solutions across Canada and the United States.

The Specialty Chemicals segment of Superior Plus produces and distributes a range of chlorine-based products, including sodium chlorate, chlor-alkali chemicals and chlorine dioxide.

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