Delixy Holdings Limited (NASDAQ:DLXY) Shares Shorted: Short Interest Down 40.9% in September

Delixy Holdings Limited (NASDAQ:DLXY) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 48,170 shares, a drop of 40.9% from the August 31st total of 81,510 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 556,872 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Delixy in a research report on Monday, August 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Delixy Trading Down 4.3%

Shares of NASDAQ:DLXY traded down $0.10 during mid-day trading on Wednesday, reaching $2.20. 55,479 shares of the company traded hands, compared to its average volume of 582,951. The company’s 50 day moving average price is $2.37 and its 200-day moving average price is $2.60. Delixy has a 52 week low of $1.70 and a 52 week high of $22.25.

Delixy Company Profile

Delixy Holdings Limited is a company principally engaged in the trading of oil-related products, including crude oil and oil-based products such as fuel oils, motor gasoline, additives, gas condensate, base oils, asphalt, petrochemicals and naphtha. Delixy Holdings Limited is based in Singapore.