Keane Group Inc (NYSE:FRAC)’s Trend Up, Especially After Decreased Shorts

The stock of Keane Group Inc (NYSE:FRAC) registered a decrease of 7.26% in short interest. FRAC’s total short interest was 3.78M shares in December as published by FINRA. Its down 7.26% from 4.08M shares, reported previously. With 1.08M shares average volume, it will take short sellers 4 days to cover their FRAC’s short positions. The short interest to Keane Group Inc’s float is 81.57%.

The stock decreased 2.08% or $0.19 during the last trading session, reaching $8.93. About 1.14 million shares traded or 1.89% up from the average. Keane Group, Inc. (NYSE:FRAC) has declined 6.90% since December 8, 2017 and is downtrending. It has underperformed by 22.52% the S&P500.

Keane Group, Inc. provides integrated well completion services primarily in the United States. The company has market cap of $943.62 million. The Company’s principal service offerings include horizontal and vertical fracturing, wireline perforation and logging, and engineered solutions, as well as other value-added services. It has a 10.21 P/E ratio. The firm also provides coiled tubing, drilling, cementing, acidizing, and nitrogen services.

More notable recent Keane Group, Inc. (NYSE:FRAC) news were published by: Seekingalpha.com which released: “U.S. Silica Could Rally Alongside Crude – Seeking Alpha” on November 19, 2018, also Nasdaq.com with their article: “Energy Sector Update for 12/04/2018: FRAC, PBR, E – Nasdaq” published on December 04, 2018, Businesswire.com published: “Liberty Oilfield Services Inc. to Present at Jefferies Energy Conference – Business Wire” on November 20, 2018. More interesting news about Keane Group, Inc. (NYSE:FRAC) were released by: Streetinsider.com and their article: “After-Hours Movers 12/03: (NVLN) (RH) (SMAR) Higher; (CRUS) (FRAC) (UDR) Lower (more…) – StreetInsider.com” published on December 03, 2018 as well as Seekingalpha.com‘s news article titled: “Hi-Crush Partners: Is The Bottom In? – Seeking Alpha” with publication date: December 04, 2018.

Keane Group, Inc. (NYSE:FRAC) Ratings Chart

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