TMD Energy Limited (NYSEAMERICAN:TMDE) Short Interest Update

TMD Energy Limited (NYSEAMERICAN:TMDE) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 989,104 shares, a growth of 167.2% from the February 26th total of 370,165 shares. Based on an average daily volume of 26,045,706 shares, the short-interest ratio is presently 0.0 days. Currently, 4.2% of the company’s stock are short sold. Currently, 4.2% of the company’s stock are short sold. Based on an average daily volume of 26,045,706 shares, the short-interest ratio is presently 0.0 days.

TMD Energy Stock Down 1.3%

TMDE traded down $0.02 during trading hours on Wednesday, hitting $1.26. 576,575 shares of the company’s stock were exchanged, compared to its average volume of 7,414,127. TMD Energy has a 1-year low of $0.41 and a 1-year high of $6.27. The stock’s 50-day moving average is $1.19 and its two-hundred day moving average is $0.91. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.84 and a current ratio of 0.91.

About TMD Energy

We are principally involved in marine fuel bunkering services specializing in the supply and marketing of marine gas oil and marine fuel oil which include high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil, to ships and vessels at sea. We are also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering services. For our bunkering services, we provide offshore bunkering services which involve STS transfer of marine fuels.