Davis Commodities Limited (NASDAQ:DTCK) Short Interest Down 27.4% in February

Davis Commodities Limited (NASDAQ:DTCK) saw a large decrease in short interest in February. As of February 15th, there was short interest totalling 5,300 shares, a decrease of 27.4% from the January 31st total of 7,300 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 219,800 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Davis Commodities

An institutional investor recently raised its position in Davis Commodities stock. Citadel Advisors LLC raised its position in shares of Davis Commodities Limited (NASDAQ:DTCK) by 354.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,611 shares of the company’s stock after buying an additional 35,571 shares during the period. Citadel Advisors LLC owned about 0.19% of Davis Commodities worth $49,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 81.83% of the company’s stock.

Davis Commodities Stock Down 2.1 %

DTCK traded down $0.02 during trading on Tuesday, hitting $0.94. 21,456 shares of the stock traded hands, compared to its average volume of 43,367. The company has a current ratio of 1.31, a quick ratio of 1.30 and a debt-to-equity ratio of 0.03. The firm has a 50-day moving average of $1.02 and a 200 day moving average of $1.06. Davis Commodities has a 12-month low of $0.85 and a 12-month high of $1.73.

Davis Commodities Company Profile

Davis Commodities Limited, an investment holding company, operates as an agricultural commodity trading company in Asia, Africa, and the Middle East. The company trades in agricultural commodities, including sugar, rice, and oil and fat products under the Maxwill and Taffy brands. It also provides warehouse storage and logistic, as well as agency services.