Blue Dolphin Energy (OTCMKTS:BDCO) Sees Large Decline in Short Interest

Blue Dolphin Energy (OTCMKTS:BDCO) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 200 shares, a drop of 83.3% from the January 15th total of 1,200 shares. Based on an average daily trading volume, of 12,000 shares, the short-interest ratio is presently 0.0 days.

Blue Dolphin Energy Trading Down 16.3 %

BDCO traded down $0.37 during trading on Thursday, reaching $1.88. 16,937 shares of the company’s stock were exchanged, compared to its average volume of 7,478. The firm has a fifty day moving average price of $2.76 and a two-hundred day moving average price of $3.47. The stock has a market capitalization of $28.09 million, a PE ratio of 7.24 and a beta of 0.08. Blue Dolphin Energy has a one year low of $1.76 and a one year high of $8.00. The company has a current ratio of 1.28, a quick ratio of 0.32 and a debt-to-equity ratio of 0.81.

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.