Blue Dolphin Energy Co. (OTCMKTS:BDCO) Short Interest Update

Blue Dolphin Energy Co. (OTCMKTS:BDCO) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 12,092 shares, an increase of 234.7% from the May 14th total of 3,613 shares. Based on an average trading volume of 40,768 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.7% of the shares of the company are sold short.

Blue Dolphin Energy Price Performance

OTCMKTS:BDCO opened at $3.57 on Thursday. Blue Dolphin Energy has a 52 week low of $1.01 and a 52 week high of $4.32. The firm has a market cap of $53.26 million, a price-to-earnings ratio of 7.76 and a beta of 0.35. The firm’s 50-day simple moving average is $3.55 and its 200 day simple moving average is $2.25. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.41 and a current ratio of 0.91.

Blue Dolphin Energy (OTCMKTS:BDCO) last released its quarterly 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.