Short Interest in TMD Energy Limited (NYSEAMERICAN:TMDE) Rises By 17.6%

TMD Energy Limited (NYSEAMERICAN:TMDE) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 370,165 shares, an increase of 17.6% from the February 12th total of 314,755 shares. Approximately 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 1,858,631 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 1,858,631 shares, the short-interest ratio is currently 0.2 days. Approximately 1.6% of the company’s shares are sold short.

TMD Energy Price Performance

Shares of NYSEAMERICAN TMDE traded up $0.14 during midday trading on Wednesday, reaching $1.45. The company had a trading volume of 4,571,449 shares, compared to its average volume of 8,022,249. TMD Energy has a one year low of $0.41 and a one year high of $6.27. The firm’s fifty day moving average price is $1.12 and its 200-day moving average price is $0.89. The company has a current ratio of 0.91, a quick ratio of 0.84 and a debt-to-equity ratio of 0.03.

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.