Blue Dolphin Energy (OTCMKTS:BDCO) Sees Significant Drop in Short Interest

Blue Dolphin Energy (OTCMKTS:BDCO) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 1,500 shares, a decrease of 46.4% from the December 15th total of 2,800 shares. Based on an average daily volume of 7,700 shares, the short-interest ratio is currently 0.2 days.

Blue Dolphin Energy Stock Performance

Shares of OTCMKTS:BDCO traded down $0.01 during trading hours on Thursday, hitting $3.65. The stock had a trading volume of 500 shares, compared to its average volume of 4,130. The stock’s fifty day simple moving average is $2.96 and its 200 day simple moving average is $3.68. The firm has a market capitalization of $54.42 million, a price-to-earnings ratio of 14.03 and a beta of 0.10. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.32 and a current ratio of 1.28. Blue Dolphin Energy has a 1-year low of $2.21 and a 1-year high of $8.00.

About Blue Dolphin Energy

Blue Dolphin Energy Company, an independent downstream energy company, engages in the refining and marketing of petroleum products in the United States. It operates through two segments, Refinery Operations, and Tolling and Terminaling. The company produces finished products, including jet fuel, as well as various intermediate products, such as naphtha, heavy oil mud blendstock, and atmospheric gas oil; and conducts tolling and terminaling services at the Nixon facility.