Short Interest in TMD Energy Limited (NYSEAMERICAN:TMDE) Grows By 167.2%

TMD Energy Limited (NYSEAMERICAN:TMDE) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 989,104 shares, a growth of 167.2% from the February 26th total of 370,165 shares. Based on an average daily volume of 26,045,706 shares, the short-interest ratio is currently 0.0 days. Currently, 4.2% of the shares of the company are sold short. Currently, 4.2% of the shares of the company are sold short. Based on an average daily volume of 26,045,706 shares, the short-interest ratio is currently 0.0 days.

TMD Energy Stock Performance

NYSEAMERICAN:TMDE traded down $0.02 on Wednesday, hitting $1.26. The company’s stock had a trading volume of 576,575 shares, compared to its average volume of 7,414,127. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.91 and a quick ratio of 0.84. The stock has a fifty day moving average of $1.19 and a two-hundred day moving average of $0.91. TMD Energy has a one year low of $0.41 and a one year high of $6.27.

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.