Blue Dolphin Energy Co. (OTCMKTS:BDCO) Sees Large Decline in Short Interest

Blue Dolphin Energy Co. (OTCMKTS:BDCO) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,124 shares, a drop of 93.4% from the August 15th total of 16,982 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 110,210 shares, the days-to-cover ratio is presently 0.0 days.

Blue Dolphin Energy Trading Down 4.1%

Shares of Blue Dolphin Energy stock traded down $0.51 on Thursday, reaching $11.99. The company had a trading volume of 72,400 shares, compared to its average volume of 20,291. The firm’s 50 day moving average price is $5.65 and its two-hundred day moving average price is $4.01. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.74 and a current ratio of 1.24. Blue Dolphin Energy has a 52-week low of $1.01 and a 52-week high of $13.76. The firm has a market cap of $178.89 million, a PE ratio of 6.77 and a beta of 0.52.

Blue Dolphin Energy (OTCMKTS:BDCO) last posted its quarterly earnings data on Friday, August 14th. The company reported $1.19 earnings per share for the quarter. Blue Dolphin Energy had a net margin of 7.22% and a return on equity of 73.06%.

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.