Here’s Why Adeptus Health, Weatherford, U.S. Silica Holdings, and Two More Are Deep in the Red

Fairmount Santrol Holdings Inc (NYSE:FMSA), U.S. Silica Holdings Inc (NYSE:SLCA), and Hi-Crush Partners LP (NYSE:HCLP) are each lower by around six to seven percent this afternoon as traders take a more cautious stance on the sector. Although fracking sand producers have surged from their lows last year, shale production growth is no longer guaranteed given the softer WTI prices. If shale production slows, demand for fracking sand could also slow and the recent sand price raises could head in the opposite direction. Given the massive gains from last year, some investors are no doubt taking some profits off the table to manage risk. At this point, no one really knows where oil prices will go. Of the three, U.S. Silica Holdings Inc (NYSE:SLCA) is the most popular, with 43 top funds reporting stakes at the end of December. In second place is Fairmount Santrol Holdings Inc (NYSE:FMSA), with 30 top funds and Hi-Crush Partners LP (NYSE:HCLP) rounds out the list with 11 elite funds reporting long positions at the end of the fourth quarter.

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