TXO Partners LP ( NYSE:TXO – Get Free Report ) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 418,689 shares, a decrease of 44.5% from the September 30th total of 754,887 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 105,670 shares, the short-interest ratio is presently 4.0 days.
Wall Street Analyst Weigh In
TXO has been the subject of a number of research analyst reports. Stephens assumed coverage on TXO Partners in a research note on Wednesday, October 7th. They issued an “overweight” rating and a $22.00 price target for the company. Zacks Research upgraded shares of TXO Partners from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 3rd. Wall Street Zen raised shares of TXO Partners from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 26th. Weiss Ratings raised shares of TXO Partners from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday. Finally, Stifel Nicolaus initiated coverage on shares of TXO Partners in a research note on Thursday, September 1...