TMD Energy Limited (NYSEAMERICAN:TMDE) Short Interest Down 65.2% in July

TMD Energy Limited (NYSEAMERICAN:TMDE) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 91,554 shares, a decline of 65.2% from the June 30th total of 262,899 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 493,175 shares, the short-interest ratio is currently 0.2 days.

TMD Energy Price Performance

Shares of NYSEAMERICAN:TMDE traded down $0.13 during trading on Monday, hitting $0.81. 176,113 shares of the company’s stock traded hands, compared to its average volume of 4,352,745. TMD Energy has a 52 week low of $0.41 and a 52 week high of $4.77. The company has a current ratio of 0.85, a quick ratio of 0.77 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average price of $0.81 and a 200-day moving average price of $1.06.

TMD Energy (NYSEAMERICAN:TMDE) last posted its earnings results on Monday, June 29th. The company reported ($0.18) earnings per share (EPS) for the quarter. The company had revenue of $123.79 million during the quarter.

About TMD Energy

We are principally involved in marine fuel bunkering services specializing in the supply and marketing of marine gas oil and marine fuel oil which include high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil, to ships and vessels at sea. We are also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering services. For our bunkering services, we provide offshore bunkering services which involve STS transfer of marine fuels.