TMD Energy Limited (NYSEAMERICAN:TMDE) Short Interest Down 40.4% in January

TMD Energy Limited (NYSEAMERICAN:TMDE) was the recipient of a large drop in short interest in January. As of January 30th, there was short interest totaling 336,960 shares, a drop of 40.4% from the January 15th total of 565,622 shares. Currently, 1.4% of the company’s shares are short sold. Based on an average daily volume of 93,436 shares, the days-to-cover ratio is currently 3.6 days. Based on an average daily volume of 93,436 shares, the days-to-cover ratio is currently 3.6 days. Currently, 1.4% of the company’s shares are short sold.

TMD Energy Stock Up 5.2%

Shares of TMDE stock traded up $0.03 during trading hours on Friday, reaching $0.58. 38,702 shares of the stock traded hands, compared to its average volume of 136,979. TMD Energy has a 1-year low of $0.41 and a 1-year high of $6.27. The company has a quick ratio of 0.84, a current ratio of 0.91 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average price of $0.65 and a 200 day moving average price of $0.76.

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

TMD Energy Company Profile

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.