Blue Dolphin Energy (OTCMKTS:BDCO) Sees Large Increase in Short Interest

Blue Dolphin Energy (OTCMKTS:BDCO) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,200 shares, a growth of 1,100.0% from the February 28th total of 100 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 11,100 shares, the short-interest ratio is currently 0.1 days.

Blue Dolphin Energy Stock Performance

BDCO opened at $1.87 on Friday. The company has a quick ratio of 0.32, a current ratio of 1.28 and a debt-to-equity ratio of 0.81. Blue Dolphin Energy has a 12-month low of $1.45 and a 12-month high of $8.00. The business has a 50 day moving average of $2.16 and a 200-day moving average of $2.99. The stock has a market cap of $27.90 million, a price-to-earnings ratio of 7.19 and a beta of 0.22.

About Blue Dolphin Energy

Blue Dolphin Energy Company, an independent downstream energy company, engages in the refining and marketing of petroleum products in the United States. It operates through two segments, Refinery Operations, and Tolling and Terminaling. The company produces finished products, including jet fuel, as well as various intermediate products, such as naphtha, heavy oil mud blendstock, and atmospheric gas oil; and conducts tolling and terminaling services at the Nixon facility.