Delixy Holdings Limited (NASDAQ:DLXY) Shares Shorted: Short Interest Down 40.9% in September

Delixy Holdings Limited (NASDAQ:DLXY) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 48,170 shares, a decrease of 40.9% from the August 31st total of 81,510 shares. Based on an average daily volume of 556,872 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Delixy in a report on Monday, August 24th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Delixy Price Performance

DLXY traded down $0.10 during trading on Wednesday, hitting $2.20. The company’s stock had a trading volume of 55,479 shares, compared to its average volume of 582,951. The stock’s fifty day moving average price is $2.37 and its 200-day moving average price is $2.60. Delixy has a twelve month low of $1.70 and a twelve month high of $22.25.

About Delixy

Delixy Holdings Limited is a company principally engaged in the trading of oil-related products, including crude oil and oil-based products such as fuel oils, motor gasoline, additives, gas condensate, base oils, asphalt, petrochemicals and naphtha. Delixy Holdings Limited is based in Singapore.