Cheniere Energy Partners Short Interest Up 17.9% in April (CQP)
Shares of Cheniere Energy Partners (NYSE:CQP) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 688,267 shares, an increase of 17.9% from the March 31st total of 583,641 shares, AnalystRatings.NET reports. Based on an average daily volume of 355,819 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.1% of the shares of the company are sold short.
A number of research firms have recently commented on CQP. Analysts at Credit Suisse initiated coverage on shares of Cheniere Energy Partners in a research note on Wednesday, April 16th. They set a “hold” rating and a $36.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Cheniere Energy Partners from $33.00 to $36.00 in a research note on Monday, April 14th. They now have an “outperform” rating on the stock. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Cheniere Energy Partners presently has a consensus rating of “Hold” and a consensus target price of $34.67.
Shares of Cheniere Energy Partners (NYSE:CQP) opened at 33.69 on Monday. Cheniere Energy Partners has a one year low of $24.35 and a one year high of $34.43. The stock’s 50-day moving average is $30.99 and its 200-day moving average is $29.45. The company’s market cap is $11.380 billion.
Cheniere Energy Partners (NYSE:CQP) last posted its quarterly earnings results on Friday, February 21st. The company reported $0.45 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.81) by $1.26. Analysts expect that Cheniere Energy Partners will post $-1.71 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, May 15th. Shareholders of record on Thursday, May 1st will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 5.05%. The ex-dividend date is Tuesday, April 29th.
Cheniere Energy Partners, L.P. (NYSE:CQP) is a United States-based company, which operates three, 100%-owned, onshore liquefied natural gas, or LNG, receiving terminals along the U.
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