Blue Dolphin Energy (OTCMKTS:BDCO) Sees Significant Increase in Short Interest

Blue Dolphin Energy (OTCMKTS:BDCO) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,200 shares, a growth of 1,100.0% from the February 28th total of 100 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 11,100 shares, the days-to-cover ratio is presently 0.1 days.

Blue Dolphin Energy Stock Performance

Shares of OTCMKTS:BDCO remained flat at $1.87 during midday trading on Wednesday. Blue Dolphin Energy has a fifty-two week low of $1.45 and a fifty-two week high of $8.00. The company has a market capitalization of $27.90 million, a PE ratio of 7.19 and a beta of 0.22. The company has a current ratio of 1.28, a quick ratio of 0.32 and a debt-to-equity ratio of 0.81. The company has a 50-day moving average of $2.19 and a two-hundred day moving average of $3.00.

Blue Dolphin Energy Company Profile

Blue Dolphin Energy Company, an independent downstream energy company, engages in the refining and marketing of petroleum products in the United States. It operates through two segments, Refinery Operations, and Tolling and Terminaling. The company produces finished products, including jet fuel, as well as various intermediate products, such as naphtha, heavy oil mud blendstock, and atmospheric gas oil; and conducts tolling and terminaling services at the Nixon facility.