TMD Energy Limited (NYSEAMERICAN:TMDE) Short Interest Update

TMD Energy Limited (NYSEAMERICAN:TMDE) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 58,873 shares, a growth of 52.9% from the August 31st total of 38,511 shares. Based on an average daily volume of 256,388 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

TMD Energy Trading Up 0.2%

TMDE opened at $0.65 on Friday. The firm’s fifty day moving average is $0.73 and its two-hundred day moving average is $0.93. TMD Energy has a twelve month low of $0.41 and a twelve month high of $4.77.

TMD Energy (NYSEAMERICAN:TMDE) last announced its quarterly earnings results on Monday, June 29th. The company reported ($0.18) earnings per share (EPS) for the quarter. The firm had revenue of $123.79 million for the quarter.

TMD Energy Company Profile

TMD Energy Limited is a Singapore-based energy company engaged primarily in the trading and distribution of petroleum products. The company serves customers in the marine and industrial sectors, supplying products such as marine fuel, gasoil and other refined petroleum products.

Its activities also include marine fuel logistics and related services, including the sourcing, storage, transportation and delivery of fuel to vessels and commercial customers. Through its operations in Singapore and the broader Southeast Asian market, TMD Energy supports the bunkering and fuel requirements of shipping and industrial clients.

The company operates through subsidiaries and affiliates involved in petroleum-product trading and marine fuel supply.