Short Interest in TMD Energy Limited (NYSEAMERICAN:TMDE) Increases By 17,293.1%

TMD Energy Limited (NYSEAMERICAN:TMDE) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 565,622 shares, a growth of 17,293.1% from the December 31st total of 3,252 shares. Based on an average daily volume of 12,912,528 shares, the days-to-cover ratio is currently 0.0 days. Currently, 2.4% of the company’s stock are sold short. Currently, 2.4% of the company’s stock are sold short. Based on an average daily volume of 12,912,528 shares, the days-to-cover ratio is currently 0.0 days.

TMD Energy Stock Performance

TMDE opened at $0.68 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.84 and a debt-to-equity ratio of 0.03. The stock has a fifty day simple moving average of $0.69 and a two-hundred day simple moving average of $0.80. TMD Energy has a 12-month low of $0.41 and a 12-month high of $6.27.

TMD Energy (NYSEAMERICAN:TMDE) last released its earnings results on Monday, September 29th. The company reported ($0.10) earnings per share for the quarter. The firm had revenue of $138.17 million for the quarter.

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.