Genesis Energy's short interest rose 6.3% in October, while its stock price fell to $11.05.

Genesis Energy, L.P. saw a 6.3% rise in short interest in October, reaching 3,380,000 shares. The stock price fell to $11.05, with a recent Q3 loss of $0.32 EPS, missing estimates. The company announced a quarterly dividend of $0.165 per share, payable on November 14. While Royal Bank of Canada and Capital One upgraded their ratings, StockNews.com downgraded it. Institutional investors have increased their stakes in the company amid mixed earnings news.

November 01, 2024
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