Blue Dolphin Energy Co. (OTCMKTS:BDCO) Sees Large Increase in Short Interest

Blue Dolphin Energy Co. (OTCMKTS:BDCO) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,300 shares, a growth of 550.0% from the August 31st total of 200 shares. Based on an average daily volume of 18,800 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 18,800 shares, the short-interest ratio is presently 0.1 days.

Blue Dolphin Energy Stock Performance

OTCMKTS:BDCO opened at $1.20 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.20 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average price of $1.49 and a two-hundred day moving average price of $1.65. Blue Dolphin Energy has a twelve month low of $1.08 and a twelve month high of $4.29. The company has a market capitalization of $17.90 million, a P/E ratio of -2.11 and a beta of 0.36.

Blue Dolphin Energy (OTCMKTS:BDCO) last posted its earnings results on Thursday, August 14th. The company reported ($0.12) earnings per share for the quarter. The business had revenue of $56.58 million for the quarter. Blue Dolphin Energy had a negative net margin of 2.82% and a negative return on equity of 24.22%.

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.