TMD Energy Limited (NYSEAMERICAN:TMDE) Short Interest Update

TMD Energy Limited (NYSEAMERICAN:TMDE) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 91,554 shares, a decrease of 65.2% from the June 30th total of 262,899 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 493,175 shares, the days-to-cover ratio is currently 0.2 days.

TMD Energy Price Performance

Shares of TMDE opened at $0.73 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.85 and a quick ratio of 0.77. TMD Energy has a 12 month low of $0.41 and a 12 month high of $4.77. The stock’s 50 day moving average is $0.81 and its two-hundred day moving average is $1.06.

TMD Energy (NYSEAMERICAN:TMDE) last announced its earnings results on Monday, June 29th. The company reported ($0.18) earnings per share for the quarter. The firm had revenue of $123.79 million during the quarter.

TMD Energy Company Profile

We are principally involved in marine fuel bunkering services specializing in the supply and marketing of marine gas oil and marine fuel oil which include high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil, to ships and vessels at sea. We are also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering services. For our bunkering services, we provide offshore bunkering services which involve STS transfer of marine fuels.