Blue Dolphin Energy Co. (OTCMKTS:BDCO) Short Interest Down 93.4% in August

Blue Dolphin Energy Co. (OTCMKTS:BDCO) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,124 shares, a decrease of 93.4% from the August 15th total of 16,982 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 110,210 shares, the days-to-cover ratio is presently 0.0 days.

Blue Dolphin Energy Price Performance

BDCO stock traded down $0.51 during mid-day trading on Thursday, reaching $11.99. 72,400 shares of the company’s stock were exchanged, compared to its average volume of 20,291. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.24 and a quick ratio of 0.74. Blue Dolphin Energy has a 12-month low of $1.01 and a 12-month high of $13.76. The stock’s 50 day moving average is $5.65 and its 200 day moving average is $4.01. The company has a market cap of $178.89 million, a price-to-earnings ratio of 6.77 and a beta of 0.52.

Blue Dolphin Energy (OTCMKTS:BDCO) last posted its quarterly earnings data on Friday, August 14th. The company reported $1.19 EPS for the quarter. Blue Dolphin Energy had a return on equity of 73.06% and a net margin of 7.22%.

About Blue Dolphin Energy

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.