Delixy Holdings Limited (NASDAQ:DLXY) Short Interest Down 78.3% in April

Delixy Holdings Limited (NASDAQ:DLXY) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 105,008 shares, a decrease of 78.3% from the April 15th total of 484,550 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 547,453 shares, the days-to-cover ratio is currently 0.2 days.

Delixy Stock Up 4.0%

NASDAQ:DLXY traded up $0.02 on Thursday, hitting $0.49. The stock had a trading volume of 153,515 shares, compared to its average volume of 2,192,992. Delixy has a 52 week low of $0.45 and a 52 week high of $7.16. The business’s fifty day moving average is $0.69 and its 200 day moving average is $0.84.

Delixy (NASDAQ:DLXY) last released its quarterly earnings data on Friday, May 1st. The company reported ($0.16) EPS for the quarter. The firm had revenue of $102.87 million during the quarter.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Delixy to a “sell” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Delixy has a consensus rating of “Sell”.

About Delixy

Delixy Holdings Limited is a company principally engaged in the trading of oil-related products, including crude oil and oil-based products such as fuel oils, motor gasoline, additives, gas condensate, base oils, asphalt, petrochemicals and naphtha. Delixy Holdings Limited is based in Singapore.