Blue Dolphin Energy Co. (OTCMKTS:BDCO) Sees Significant Growth in Short Interest

Blue Dolphin Energy Co. (OTCMKTS:BDCO) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 15,629 shares, a growth of 157.2% from the July 15th total of 6,076 shares. Based on an average daily volume of 47,121 shares, the days-to-cover ratio is currently 0.3 days. Approximately 1.0% of the shares of the company are sold short.

Blue Dolphin Energy Stock Up 12.2%

Shares of OTCMKTS BDCO opened at $4.50 on Friday. The stock has a market capitalization of $67.11 million, a P/E ratio of 9.78 and a beta of 0.42. The stock’s fifty day moving average is $3.90 and its 200 day moving average is $3.07. Blue Dolphin Energy has a 52 week low of $1.01 and a 52 week high of $4.84. 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 posted its quarterly earnings results on Friday, May 15th. The company reported $0.99 earnings per share (EPS) for the quarter. Blue Dolphin Energy had a net margin of 2.48% and a return on equity of 28.59%.

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.