Delixy Holdings Limited (NASDAQ:DLXY) Sees Significant Growth in Short Interest

Delixy Holdings Limited (NASDAQ:DLXY) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 35,785 shares, an increase of 26.5% from the February 12th total of 28,281 shares. Based on an average daily volume of 16,331 shares, the days-to-cover ratio is presently 2.2 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 16,331 shares, the days-to-cover ratio is presently 2.2 days.

Delixy Trading Down 15.1%

Shares of NASDAQ DLXY traded down $0.12 during mid-day trading on Tuesday, reaching $0.67. 94,172 shares of the company’s stock were exchanged, compared to its average volume of 1,933,375. The firm has a 50-day moving average price of $0.91 and a two-hundred day moving average price of $1.65. Delixy has a 52 week low of $0.61 and a 52 week high of $7.16.

Delixy (NASDAQ:DLXY) last posted its quarterly earnings results on Tuesday, December 30th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $51.00 million for the quarter.

Delixy Company Profile

Delixy Holdings Limited is a company principally engaged in the trading of oil-related products, including crude oil and oil-based products such as fuel oils, motor gasoline, additives, gas condensate, base oils, asphalt, petrochemicals and naphtha. Delixy Holdings Limited is based in Singapore.