Short Interest in Blue Dolphin Energy (OTCMKTS:BDCO) Increases By 41.7%

Blue Dolphin Energy (OTCMKTS:BDCO) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,700 shares, an increase of 41.7% from the March 31st total of 1,200 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 19,000 shares, the days-to-cover ratio is presently 0.1 days.

Blue Dolphin Energy Trading Down 4.9 %

Shares of BDCO stock opened at $1.74 on Friday. Blue Dolphin Energy has a 1-year low of $1.45 and a 1-year high of $8.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.28 and a quick ratio of 0.32. The business’s fifty day moving average price is $1.84 and its 200 day moving average price is $2.56. The firm has a market capitalization of $25.96 million, a PE ratio of 6.69 and a beta of 0.32.

Blue Dolphin Energy (OTCMKTS:BDCO) last released its quarterly earnings results on Tuesday, April 1st. The company reported ($0.26) earnings per share for the quarter. The firm had revenue of $74.73 million during the quarter. Blue Dolphin Energy had a return on equity of 9.56% and a net margin of 1.15%.

Blue Dolphin Energy Company Profile

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.