Blue Dolphin Energy Co. (OTCMKTS:BDCO) Short Interest Down 57.3% in May

Blue Dolphin Energy Co. (OTCMKTS:BDCO) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,613 shares, a drop of 57.3% from the April 30th total of 8,465 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 29,413 shares, the days-to-cover ratio is presently 0.1 days.

Blue Dolphin Energy Price Performance

Shares of Blue Dolphin Energy stock opened at $4.00 on Monday. The business’s 50 day simple moving average is $3.37 and its 200 day simple moving average is $2.13. Blue Dolphin Energy has a 52-week low of $1.01 and a 52-week high of $4.32. The firm has a market cap of $59.68 million, a PE ratio of 8.70 and a beta of 0.35. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.41 and a current ratio of 0.91.

Blue Dolphin Energy (OTCMKTS:BDCO) last announced its earnings results on Friday, May 15th. The company reported $0.99 earnings per share (EPS) for the quarter. Blue Dolphin Energy had a return on equity of 28.59% and a net margin of 2.48%.

Blue Dolphin Energy Company Profile

Blue Dolphin Energy Company (OTCMKTS: BDCO) is an independent energy and marine transportation company headquartered in New Orleans, Louisiana. The firm focuses on the ownership, development and operation of refined petroleum product terminals and related infrastructure along the U.S. Gulf Coast. Its primary asset is a deepwater dock and storage terminal situated at Port Fourchon, Louisiana, which supports the loading and unloading of a variety of refined hydrocarbon products.

The company’s Port Fourchon facility features multiple above-ground storage tanks and a dedicated dock capable of accommodating oceangoing vessels, barges and offshore supply ships.