Blue Dolphin Energy Co. (OTCMKTS:BDCO) Short Interest Down 57.3% in May

Blue Dolphin Energy Co. (OTCMKTS:BDCO) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 3,613 shares, a drop of 57.3% from the April 30th total of 8,465 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 29,413 shares, the days-to-cover ratio is currently 0.1 days.

Blue Dolphin Energy Stock Performance

Shares of BDCO opened at $4.00 on Friday. The company has a market capitalization of $59.68 million, a PE ratio of 8.70 and a beta of 0.36. Blue Dolphin Energy has a one year low of $1.01 and a one year high of $4.32. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.91 and a quick ratio of 0.41. The company’s fifty day moving average price is $3.37 and its 200 day moving average price is $2.13.

Blue Dolphin Energy (OTCMKTS:BDCO) last announced its earnings results on Friday, May 15th. The company reported $0.99 EPS for the quarter. Blue Dolphin Energy had a net margin of 2.48% and a return on equity of 28.59%.

Blue Dolphin Energy Company Profile

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.