Blue Dolphin Energy Co. (OTCMKTS:BDCO) Short Interest Up 429.1% in April

Blue Dolphin Energy Co. (OTCMKTS:BDCO) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 8,465 shares, a growth of 429.1% from the April 15th total of 1,600 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 49,356 shares, the short-interest ratio is presently 0.2 days.

Blue Dolphin Energy Trading Down 0.5%

OTCMKTS BDCO opened at $3.76 on Wednesday. The stock has a market cap of $56.16 million, a P/E ratio of -9.91 and a beta of 0.36. Blue Dolphin Energy has a fifty-two week low of $1.01 and a fifty-two week high of $3.99. The stock has a 50 day simple moving average of $2.84 and a two-hundred day simple moving average of $1.89. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.19 and a current ratio of 0.64.

Blue Dolphin Energy (OTCMKTS:BDCO) last posted its earnings results on Tuesday, March 31st. The company reported ($0.10) earnings per share (EPS) for the quarter. Blue Dolphin Energy had a negative net margin of 2.00% and a negative return on equity of 9.83%. The business had revenue of $68.75 million for the quarter.

Blue Dolphin Energy Company Profile

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.