Short Interest in TMD Energy Limited (NYSEAMERICAN:TMDE) Grows By 17,293.1%

TMD Energy Limited (NYSEAMERICAN:TMDE) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 565,622 shares, an increase of 17,293.1% from the December 31st total of 3,252 shares. Based on an average daily volume of 12,912,528 shares, the days-to-cover ratio is presently 0.0 days. Approximately 2.4% of the shares of the stock are short sold. Approximately 2.4% of the shares of the stock are short sold. Based on an average daily volume of 12,912,528 shares, the days-to-cover ratio is presently 0.0 days.

TMD Energy Trading Down 3.5%

Shares of TMDE traded down $0.03 during mid-day trading on Tuesday, hitting $0.69. 41,243 shares of the company were exchanged, compared to its average volume of 6,494,674. TMD Energy has a 1-year low of $0.41 and a 1-year high of $6.27. The company has a 50 day moving average of $0.68 and a 200-day moving average of $0.80. 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 (NYSEAMERICAN:TMDE) last posted its quarterly earnings data on Monday, September 29th. The company reported ($0.10) EPS for the quarter. The company had revenue of $138.17 million during the quarter.

TMD Energy Company Profile

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.