Fairmount Santrol Holdings (NYSE:FMSA), A reduction of 409,280 shares or 5.1% was observed in the short interest of Fairmount Santrol Holdings Inc The interest on June 15,2016 came in at 7,645,294 shares and as per the average daily trading of 1,964,649 shares, the days to cover are 4. The reduced interest is 11.3% of the floated shares. The data of May 31,2016 put the interest at 8,054,574 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Fairmount Santrol Holdings (NYSE:FMSA): The stock opened at $7.48 on Friday but the bulls could not build on the opening and the stock topped out at $8.00 for the day. The stock traded down to $7.33 during the day, due to lack of any buying support eventually closed down at $7.98 with a loss of -2.21% for the day. The stock had closed at $8.16 on the previous day. The total traded volume was 4,552,102 shares.
The company shares have dropped -4.77% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $8.65 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $5.86 and the 200 Day Moving Average price is recorded at $3.31.
Fairmount Santrol Holdings (NYSE:FMSA) has climbed 11.14% in the past week and advanced 48.6% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 12.99% and the outperformance has advanced to 53.1% for the last 4 weeks period.
Fairmount Santrol Holdings Inc., formerly FMSA Holdings Inc., is a provider of sand-based proppant solutions. The Companys operations are organized into two segments: Proppant Solutions and Industrial and Recreational (I&R) Products. The Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States, Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates. The I&R segment provides raw, coated and custom blended sands to the foundry, building products, glass, turf and landscape, and filtration industries primarily in North America. It develops proppants used by exploration and production (E&P) companies to enhance the productivity of their oil and gas wells. It offers a range of proppants, including sand and a spectrum of resin-coated products. It offers sand-based products to end users in the foundry, glass, building products, and sports and recreation markets (collectively, the I&R markets).