Trading volume for Steel Partners Holdings LP LTD was 11K on Tuesday. Overall, volume was up 42.30% over the stocks normal daily volume.
Investors are more bearish on Steel Partners Holdings LP LTD recently as evidenced by the motion in short interest. The company recorded a rise in short interest from September 29, 2017 to October 13, 2017 of 207.21%. Short shares increased 2,470 over that period. With short interest at 3,662 and short average daily volume at 2,988, the short-interest ratio is 1.0 and the short interest percentage is 0.00% as of October 13.
Here are a few substantial investment firms who have updated their positions. As of quarter end Renaissance Technologies LLC had disposed of a total of 3,205 shares trimming its position 7.6%. The value of the investment in (SPLP) decreased from $809,000 to $725,000 a change of 10.4% since the last quarter. As of the end of the quarter Gendell Jeffrey L had bought 30,212 shares growing its stake by 17.3%. The value of the investment in SPLP went from $3,353,000 to $3,810,000 increasing 13.6% quarter over quarter.
As of the end of the quarter Teton Advisors, Inc. had bought a total of 6,000 shares growing its holdings by 1.0%. The value of the investment in Steel Partners Holdings LP LTD went from $11,847,000 to $11,589,000 a change of $258,000 quarter to quarter. As of quarter end Dalton Greiner Hartman Maher & Co had disposed of a total of 1,070 shares trimming its position 1.1%. The value of the company’s investment in Steel Partners Holdings LP LTD decreased from $1,763,000 to $1,720,000 a change of $43,000 for the reporting period.
The company is trading up by 0.26% since yesterday’s close of $19.05. The stock last traded at $19.05 which is just over $18.49, the stock’s 50 day moving average and barely above the 200 day moving average of $18.45. The 50 day moving average went up by +3.01% and the 200 day average was up $0.60.
The company currently has a P/E ratio of 194.39 and the market value is 495.60M.
Steel Partners Holdings L.P. (SPLP), launched on December 16, 2008, is a diversified holding company that engages in multiple businesses through consolidated subsidiaries, associated companies and other interests. The Business’s segments are Diversified Industrial, Energy, Financial Services, and Corporate and Other. The Company owns and operates businesses, and has investments in companies, in various industries, including diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports..