Delixy Holdings Limited (NASDAQ:DLXY) Sees Large Decrease in Short Interest

Delixy Holdings Limited (NASDAQ:DLXY) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 48,170 shares, a decrease of 40.9% from the August 31st total of 81,510 shares. Based on an average trading volume of 556,872 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Delixy in a research note on Monday, August 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Delixy has an average rating of “Sell”.

Delixy Stock Down 3.0%

DLXY stock traded down $0.07 during midday trading on Thursday, reaching $2.12. The company had a trading volume of 125,241 shares, compared to its average volume of 580,794. Delixy has a 1-year low of $1.70 and a 1-year high of $22.25. The stock has a 50 day moving average price of $2.37 and a 200-day moving average price of $2.59.

About Delixy

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.