Short Interest in Golar LNG Partners LP 8.75% CUM PFD A (NASDAQ:GMLPP) Rises By 25.0%

Golar LNG Partners LP 8.75% CUM PFD A (NASDAQ:GMLPP) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 4,500 shares, a growth of 25.0% from the March 31st total of 3,600 shares. Based on an average daily volume of 22,400 shares, the days-to-cover ratio is currently 0.2 days.

Golar LNG Partners LP 8.75% CUM PFD A stock traded up $0.09 during midday trading on Tuesday, reaching $24.40. The stock had a trading volume of 48,495 shares, compared to its average volume of 36,706. Golar LNG Partners LP 8.75% CUM PFD A has a twelve month low of $15.45 and a twelve month high of $25.95. The stock’s 50-day simple moving average is $25.33 and its 200 day simple moving average is $23.29.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 17th. Shareholders of record on Monday, May 10th will be given a $0.5469 dividend. This represents a $2.19 annualized dividend and a yield of 8.96%. The ex-dividend date of this dividend is Friday, May 7th.

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