Blue Dolphin Energy Co. (OTCMKTS:BDCO) Short Interest Down 57.3% in May

Blue Dolphin Energy Co. (OTCMKTS:BDCO) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 3,613 shares, a decline of 57.3% from the April 30th total of 8,465 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 29,413 shares, the days-to-cover ratio is currently 0.1 days.

Blue Dolphin Energy Stock Performance

Shares of BDCO stock opened at $3.85 on Tuesday. The company’s fifty day simple moving average is $3.40 and its 200-day simple moving average is $2.14. The company has a quick ratio of 0.41, a current ratio of 0.91 and a debt-to-equity ratio of 0.06. The firm has a market cap of $57.37 million, a PE ratio of 8.36 and a beta of 0.35. Blue Dolphin Energy has a 12 month low of $1.01 and a 12 month high of $4.32.

Blue Dolphin Energy (OTCMKTS:BDCO) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.99 EPS for the quarter. Blue Dolphin Energy had a net margin of 2.48% and a return on equity of 28.59%.

About Blue Dolphin Energy

Blue Dolphin Energy Company (OTCMKTS: BDCO) is an independent energy and marine transportation company headquartered in New Orleans, Louisiana. The firm focuses on the ownership, development and operation of refined petroleum product terminals and related infrastructure along the U.S. Gulf Coast. Its primary asset is a deepwater dock and storage terminal situated at Port Fourchon, Louisiana, which supports the loading and unloading of a variety of refined hydrocarbon products.

The company’s Port Fourchon facility features multiple above-ground storage tanks and a dedicated dock capable of accommodating oceangoing vessels, barges and offshore supply ships.