Short Interest in TMD Energy Limited (NYSEAMERICAN:TMDE) Declines By 43.2%

TMD Energy Limited (NYSEAMERICAN:TMDE) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 1,318 shares, a drop of 43.2% from the November 30th total of 2,319 shares. Based on an average trading volume of 15,117 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 15,117 shares, the days-to-cover ratio is currently 0.1 days.

TMD Energy Stock Performance

Shares of TMDE stock opened at $0.54 on Friday. The company has a fifty day moving average price of $0.70. TMD Energy has a twelve month low of $0.50 and a twelve month high of $6.27. 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 issued its quarterly earnings data on Monday, September 29th. The company reported ($0.10) EPS for the quarter. The business 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.