Knot Offshore Partners LP Commo (KNOP) Position Up in Latest Report from Wells Fargo & Company/mn


Knot Offshore Partners LP Commo (NYSE:KNOP).

Wells Fargo & Company/mn reports that it raised its position in Knot Offshore Partners LP Commo shares by 216 shares in a 13F filing with the SEC. Its stake was worth $71,000 an increase of 9.2% according to the filing.

Here are some institutional investors who have increased or decreased their stake in (KNOP). Arrow Investment Advisors, LLC added to its investment by buying 1,430 shares an increase of 4.7% as of 09/30/2017. Arrow Investment Advisors, LLC currently owns 32,010 shares with a value of $752,000. The value of the position overall is up by 7.1%. As of the end of the quarter Kayne Anderson Capital Advisors Lp had disposed of 81,678 shares trimming its stake by 37.0%. The value in dollars went from $5,071,000 to $3,273,000 decreasing 35.5% quarter over quarter.

Van Eck Associates Corp divested its ownership by shedding 13,556 shares a decrease of 7.9%. Van Eck Associates Corp now holds 158,017 shares valued at $3,713,000. The total value of its holdings decreased 5.7%.

The company is so far trading down by 4.29% percent from yesterday’s close. Knot Offshore Partners LP Commo currently has a P/E ratio of 8.43 and market cap is 596.85M. In the last earnings report the EPS was $2.38 with 27.19M shares outstanding.

Investors are a little more bearish on shares of the company recently if you look at the rise in short interest. The firm experienced a rise in short interest of 0.03% between September 29, 2017 and October 13, 2017. Short shares increased 22 over that period. With short interest at 82,210 and short average daily volume at 33,111, days to cover is 2.0 and the percentage of shorted shares was 0.00% on October 13.