Short Interest in Martin Midstream Partners L.P. (NASDAQ:MMLP) Declines By 38.3%

Posted by Brian Himes on Sep 16th, 2026

Martin Midstream Partners L.P. (NASDAQ:MMLP – Get Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 69,483 shares, a drop of 38.3% from the August 15th total of 112,558 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 9,715 shares, the days-to-cover ratio is presently 7.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Martin Midstream Partners stock. Bank of America Corp DE increased its holdings in Martin Midstream Partners L.P. (NASDAQ:MMLP – Free Report) by 0.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 547,270 shares of the pipeline company’s stock after purchasing an additional 4,547 shares during the period. Bank of America Corp DE owned 1.40% of Martin Midstream Partners worth $1,510,000 as of its most recent SEC filing. 34.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Martin Midstream Partners in a report on Wednesday, August 26th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $3.00.

View Our Latest Analysis on Martin Midstream Partners

Martin Midstream Partners Price Performance

NASDAQ:MMLP traded down $0.03 during trading hours on Wednesday, reaching $2.27. 2,018 shares of the company traded hands, compared to its average volume of 20,970. The stock has a market cap of $88.80 million, a P/E ratio of -5.97 and a beta of 0.47. The firm’s 50-day moving average is $2.34 and its 200-day moving average is $2.51. Martin Midstream Partners has a 1-year low of $1.89 and a 1-year high of $3.31.

Martin Midstream Partners (NASDAQ:MMLP – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The pipeline company reported $0.07 earnings per share for the quarter. The firm had revenue of $213.60 million during the quarter.

Martin Midstream Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, August 7th were issued a $0.005 dividend. The ex-dividend date was Friday, August 7th. This represents a $0.02 annualized dividend and a yield of 0.9%. Martin Midstream Partners’s payout ratio is -5.26%.

Martin Midstream Partners Company Profile

(Get Free Report)

Martin Midstream Partners L.P. was a master limited partnership that provided energy-related services primarily in the United States. The partnership operated businesses involved in the gathering, processing, transportation, storage and marketing of natural gas liquids, specialty products and other hydrocarbon-based materials.

Its operations included terminaling and storage facilities, marine transportation and sulfur services. The partnership’s assets and services supported producers, refiners, chemical companies and other industrial customers, with activities concentrated largely in the Gulf Coast and other energy-producing regions of the United States.

Martin Midstream Partners was formed in 2002 and was sponsored by Martin Resource Management Corporation, an energy-services company based in Kilgore, Texas.