Short Interest in Delixy Holdings Limited (NASDAQ:DLXY) Grows By 575.0%

Delixy Holdings Limited (NASDAQ:DLXY) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 241,542 shares, a growth of 575.0% from the February 26th total of 35,785 shares. Currently, 1.5% of the shares of the stock are short sold. Based on an average daily volume of 9,476,352 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 9,476,352 shares, the days-to-cover ratio is presently 0.0 days. Currently, 1.5% of the shares of the stock are short sold.

Delixy Stock Down 5.7%

Shares of NASDAQ DLXY traded down $0.04 during midday trading on Tuesday, hitting $0.58. The company had a trading volume of 218,586 shares, compared to its average volume of 4,897,388. Delixy has a twelve month low of $0.57 and a twelve month high of $7.16. The business has a 50-day simple moving average of $0.89 and a two-hundred day simple moving average of $1.47.

Delixy (NASDAQ:DLXY) last issued its earnings results on Tuesday, December 30th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $51.00 million for the quarter.

Delixy Company Profile

Delixy Holdings Limited is a company principally engaged in the trading of oil-related products, including crude oil and oil-based products such as fuel oils, motor gasoline, additives, gas condensate, base oils, asphalt, petrochemicals and naphtha. Delixy Holdings Limited is based in Singapore.