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Rise With Low Volume (UP LNG Shipping Indices Report)

|Includes: Dynagas LNG Partners LP (DLNG), FLNG, GLNG, GLOG, GLOP, GMLP, HMLP, TGP
Summary

UP indices rose for 9 points, but the volume was low.

Preferred lost 26 points.

Values of UP LNG Shipping Indices for 6th September

UP Total Return Index -134.24
weekly change +9.4
UP Simple Price Index -395.86
weekly change +9.4
UP Preferred Simple Price Index -94.5
weekly change -26.78
UP Volume Trend Index 1051.73
weekly change -1865.65

UP LNG Shipping indices rose mildly with low volume.

Main movers were Höegh LNG Partners (NYSE:HMLP) and Teekay LNG Partners (NYSE:TGP), but even their volume was under average. That is not very convincing.

Rest of the market move more, SPY is below it´s highs again.

Preferred stocks lost 26 points thanks to both Dynagases and GasLogs. Höegh preferred is back to its highs.

Disclosure: I am/we are long DLNG, GMLP, GLOG.

Additional disclosure: I also have small positions for study purposes in each of seven stocks included in UP LNG Shipping Indices.