Delixy Holdings Limited (NASDAQ:DLXY) Sees Large Increase in Short Interest

Delixy Holdings Limited (NASDAQ:DLXY) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 94,386 shares, a growth of 20.4% from the December 15th total of 78,367 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 85,783 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily trading volume, of 85,783 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.6% of the company’s shares are sold short.

Delixy Trading Down 5.0%

Shares of DLXY stock opened at $0.82 on Wednesday. The company has a fifty day simple moving average of $0.92. Delixy has a 52 week low of $0.61 and a 52 week high of $7.16.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings began coverage on Delixy in a research report on Wednesday, October 8th. They set a “sell (e-)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Delixy has an average rating of “Sell”.

Delixy Company Profile

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.