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

Blue Dolphin Energy Co. (OTCMKTS:BDCO) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,300 shares, an increase of 550.0% from the August 31st total of 200 shares. Based on an average daily trading volume, of 18,800 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 18,800 shares, the short-interest ratio is currently 0.1 days.

Blue Dolphin Energy Stock Down 0.5%

Shares of OTCMKTS:BDCO opened at $1.19 on Wednesday. The stock has a market cap of $17.81 million, a price-to-earnings ratio of -2.09 and a beta of 0.47. The company has a quick ratio of 0.20, a current ratio of 0.77 and a debt-to-equity ratio of 0.14. Blue Dolphin Energy has a 12-month low of $1.08 and a 12-month high of $4.29. The business’s 50 day moving average is $1.50 and its 200 day moving average is $1.65.

Blue Dolphin Energy (OTCMKTS:BDCO) last posted its quarterly earnings data on Thursday, August 14th. The company reported ($0.12) earnings per share for the quarter. The business had revenue of $56.58 million during the quarter. Blue Dolphin Energy had a negative return on equity of 24.22% and a negative net margin of 2.82%.

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.