Short Interest in Superior Plus Corp. (OTCMKTS:SUUIF) Decreases By 15.6%

Superior Plus Corp. (OTCMKTS:SUUIF) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 2,362,300 shares, a decrease of 15.6% from the March 15th total of 2,800,500 shares. Based on an average trading volume of 77,800 shares, the days-to-cover ratio is presently 30.4 days.

Superior Plus Price Performance

Shares of SUUIF stock opened at $4.87 on Wednesday. The stock has a 50-day moving average of $4.57 and a 200-day moving average of $4.59. Superior Plus has a 1-year low of $3.72 and a 1-year high of $6.95.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SUUIF. CIBC reaffirmed an “outperform” rating on shares of Superior Plus in a report on Thursday, April 3rd. TD Securities reiterated a “buy” rating on shares of Superior Plus in a research note on Thursday, April 3rd. Finally, Raymond James upgraded Superior Plus to an “outperform” rating in a research report on Friday, February 28th.

Superior Plus Company Profile

Superior Plus Corp. distributes and markets propane, compressed natural gas and renewable energy in both the United States and Canada. The company operates through The United States Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), and North American Wholesale Propane Distribution (Wholesale Propane), and Certarus segments.