In trading on Wednesday, shares of KNOT Offshore Partners LP (Symbol: KNOP) crossed below their 200 day moving average of $22.80, changing hands as low as $22.70 per share. KNOT Offshore Partners LP shares are currently trading off about 0.7% on the day. The chart below shows the one year performance of KNOP shares, versus its 200 day moving average:
Looking at the chart above, KNOP's low point in its 52 week range is $18.90 per share, with $24.67 as the 52 week high point - that compares with a last trade of $22.70.
According to the ETF Finder at ETF Channel, KNOP makes up 5.01% of the High Income MLP ETF (Symbol: YMLP) which is trading up by about 1.1% on the day Wednesday.
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