Delixy Holdings Limited (NASDAQ:DLXY) Short Interest Update

Delixy Holdings Limited (NASDAQ:DLXY) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 57,335 shares, a decrease of 45.4% from the April 30th total of 105,008 shares. Based on an average daily volume of 127,441 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the company’s stock are short sold.

Delixy Trading Down 14.3%

NASDAQ DLXY traded down $0.07 on Thursday, hitting $0.43. 132,987 shares of the stock traded hands, compared to its average volume of 2,004,862. The stock has a 50-day moving average of $0.57 and a 200 day moving average of $0.79. Delixy has a twelve month low of $0.34 and a twelve month high of $7.16.

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on DLXY shares. Weiss Ratings lowered shares of Delixy from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded shares of Delixy from a “sell” rating to a “hold” rating in a research note on Sunday, May 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Delixy currently has an average 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.