Davis Commodities Limited (NASDAQ:DTCK) Short Interest Down 66.5% in September

Davis Commodities Limited (NASDAQ:DTCK) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 23,100 shares, a decline of 66.5% from the September 15th total of 68,900 shares. Based on an average daily trading volume, of 250,800 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 250,800 shares, the short-interest ratio is presently 0.1 days.

Davis Commodities Trading Up 6.3%

DTCK stock opened at $0.79 on Monday. Davis Commodities has a 12-month low of $0.40 and a 12-month high of $1.50. The business’s 50-day moving average is $0.81 and its 200 day moving average is $0.74.

About Davis Commodities

Davis Commodities Limited, an investment holding company, operates as an agricultural commodity trading company in Asia, Africa, and the Middle East. The company trades in agricultural commodities, including sugar, rice, and oil and fat products under the Maxwill and Taffy brands. It also provides warehouse storage and logistic, as well as agency services.