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Murphy USA Reaches Analyst Target Price
Monday, June 11, 8:01 AM ET, by Market News Video Staff

In recent trading, shares of Murphy USA Inc (MUSA) have crossed above the average analyst ...

Murphy USA (MUSA) Shares Cross Above 200 DMA
Monday, June 11, 11:18 AM ET, by Market News Video Staff

In trading on Monday, shares of Murphy USA Inc (MUSA) crossed above their 200 day ...

Murphy USA Stock Sees Short Interest Move 55.5% Higher
Tuesday, June 12, 1:34 PM ET, by Market News Video Staff

The most recent short interest data has been released for the 05/31/2018 settlement date, which ...

First Week of August 17th Options Trading For Murphy USA
Tuesday, June 19, 11:43 AM ET, by Market News Video Staff

Investors in Murphy USA Inc (MUSA) saw new options begin trading this week, for the ...

MUSA Makes Notable Cross Below Critical Moving Average
Monday, July 2, 4:15 PM ET, by Market News Video Staff

In trading on Monday, shares of Murphy USA Inc (MUSA) crossed below their 200 day ...

Short Interest In Murphy USA Drops 11%

By Market News Video Staff, Tuesday, July 3, 11:17 AM ET
Play Video: What Short Interest Means

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The most recent short interest data has been released for the 06/15/2018 settlement date, which shows a 550,674 share decrease in total short interest for Murphy USA Inc (NYSE:MUSA), to 4,405,658, a decrease of 11.11% since 05/31/2018. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days (at the average volume) it would take to close out all of the open short positions if every share traded represented a short position being closed. Average daily volume for MUSA at the 06/15/2018 settlement increased to 518,701, as compared to 385,504 at the 05/31/2018 report. That brought "days to cover" down to 8.49, a 33.94% decrease from the 12.86 days to cover calculated at the previous short interest data release.

The below chart shows the historical "days to cover" for MUSA at previous short interest release dates:

A decreased "days to cover" value could indicate that short sellers are no longer expecting the same decline in stock price they once were, or it could also indicate a long bet elsewhere was closed where MUSA had been shorted as a hedge.

The chart below shows the one year performance of MUSA shares, versus its 200 day moving average. Looking at this chart, MUSA's low point in its 52 week range is $61.05 per share, with $89.37 as the 52 week high point that compares with a last trade of $74.65.

Murphy USA Inc Chart

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