Magellan Midstream Partners, L.P. ( NYSE:MMP – Get Rating ) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 6,640,000 shares, a decline of 19.6% from the January 31st total of 8,260,000 shares. Based on an average daily volume of 863,600 shares, the short-interest ratio is presently 7.7 days. Approximately 3.3% of the shares of the company are short sold. Analysts Set New Price Targets Several equities analysts have commented on the company.
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