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Longfellow Investment Management Company Raised Akorn (AKRX) Holding By $990,000; Holly Energy Partners LP (HEP) Shorts Lowered By 11.2%

Holly Energy Partners LP (NYSE:HEP) had a decrease of 11.2% in short interest. HEP’s SI was 1.49 million shares in February as released by FINRA. Its down 11.2% from 1.68 million shares previously. With 142,000 avg volume, 11 days are for Holly Energy Partners LP (NYSE:HEP)’s short sellers to cover HEP’s short positions. The SI to Holly Energy Partners LP’s float is 4.42%. The stock decreased 1.06% or $0.32 during the last trading session, reaching $29.75. About 246,333 shares traded or 36.52% up from the average. Holly Energy Partners, L.P. (NYSE:HEP) has risen 4.19% since February 17, 2017 and is uptrending. It has underperformed by 12.51% the S&P500.

Longfellow Investment Management Company Llc increased Akorn Inc (AKRX) stake by 8.48% reported in 2017Q3 SEC filing. Longfellow Investment Management Company Llc acquired 30,000 shares as Akorn Inc (AKRX)’s stock rose 52.48%. The Longfellow Investment Management Company Llc holds 383,818 shares with $12.74M value, up from 353,818 last quarter. Akorn Inc now has $3.98B valuation. The stock decreased 0.31% or $0.1 during the last trading session, reaching $31.85. About 678,141 shares traded. Akorn, Inc. (NASDAQ:AKRX) has risen 12.04% since February 17, 2017 and is uptrending. It has underperformed by 4.66% the S&P500.

Longfellow Investment Management Company Llc decreased Modern Media Acquisition stake by 63,750 shares to 190,250 valued at $1.97 million in 2017Q3. It also reduced Boulevard Acquisition stake by 35,325 shares and now owns 368,733 shares. Constellation Alpha Cap Corp was reduced too.

Among 16 analysts covering Akorn Inc (NASDAQ:AKRX), 5 have Buy rating, 2 Sell and 9 Hold. Therefore 31% are positive. Akorn Inc had 36 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, November 4. The firm earned “Hold” rating on Tuesday, June 27 by RBC Capital Markets. The stock of Akorn, Inc. (NASDAQ:AKRX) earned “Hold” rating by RBC Capital Markets on Friday, September 1. The firm earned “Market Perform” rating on Tuesday, August 2 by Raymond James. Jefferies maintained it with “Hold” rating and $3400 target in Friday, May 26 report. The firm has “Hold” rating by Piper Jaffray given on Tuesday, August 8. RBC Capital Markets maintained the stock with “Hold” rating in Monday, October 2 report. On Monday, November 7 the stock rating was downgraded by Bank of America to “Underperform”. The stock has “Neutral” rating by Susquehanna on Wednesday, March 23. The rating was downgraded by Wallachbeth on Monday, November 7 to “Hold”.

Holly Energy Partners, L.P. owns and operates petroleum product and crude pipelines, storage tanks, distribution terminals, loading rack facilities, and refinery processing units that support the refining and marketing activities of HollyFrontier Corporation in West Texas, New Mexico, Utah, Nevada, Oklahoma, Wyoming, Kansas, Arizona, Idaho, and Washington. The company has market cap of $3.13 billion. It operates through two divisions, Pipelines and Terminals, and Refinery Processing Units. It has a 19.13 P/E ratio. The firm operates refined product pipelines that transport conventional gasolines, reformulated gasolines, low-octane gasolines for oxygenate blending, as well as distillates, such as high- and low-sulfur diesel and jet fuels, and liquefied petroleum gases; intermediate product pipelines that transport intermediate feedstocks and crude oils, and gases; crude oil trunk, gathering, and connection pipelines that delivers crude oil.

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