TMD Energy Limited (NYSEAMERICAN:TMDE) Stock Short Interest Report for October

TMD Energy Limited (NYSEAMERICAN:TMDE) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 84,245 shares, an increase of 142.7% from the October 15th total of 34,715 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 58,277 shares, the short-interest ratio is presently 1.4 days.

TMD Energy Price Performance

Shares of TMDE stock remained flat at $0.43 on Friday. 39,571 shares of the stock traded hands, compared to its average volume of 64,138. TMD Energy has a one year low of $0.41 and a one year high of $4.77. The company has a quick ratio of 0.70, a current ratio of 0.78 and a debt-to-equity ratio of 0.17. The company has a fifty day simple moving average of $0.62 and a two-hundred day simple moving average of $0.93.

About TMD Energy

TMD Energy Limited is a marine fuel supplier and logistics company serving the commercial shipping industry. The company’s core business involves sourcing, storing, transporting and delivering marine fuels to vessels, primarily through bunkering and related marine-fuel logistics services. Its product offerings include marine fuel oil, marine gas oil and other petroleum-based fuels used by ships, as well as marine lubricants and related products. TMD Energy also supports customers with fuel-delivery coordination and associated marine transportation services.