TMD Energy Limited (NYSEAMERICAN:TMDE) Sees Large Increase in Short Interest

TMD Energy Limited (NYSEAMERICAN:TMDE) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 3,252 shares, a growth of 146.7% from the December 15th total of 1,318 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 41,899 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 41,899 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

TMD Energy Stock Down 2.7%

NYSEAMERICAN TMDE traded down $0.02 during trading on Friday, hitting $0.79. The stock had a trading volume of 89,967 shares, compared to its average volume of 11,746,807. The stock has a 50 day simple moving average of $0.68 and a 200 day simple moving average of $0.83. The company has a quick ratio of 0.84, a current ratio of 0.91 and a debt-to-equity ratio of 0.03. TMD Energy has a one year low of $0.41 and a one year high of $6.27.

TMD Energy (NYSEAMERICAN:TMDE) last issued its earnings results on Monday, September 29th. The company reported ($0.10) earnings per share (EPS) for the quarter. The firm had revenue of $138.17 million for the quarter.

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.