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

Delixy Holdings Limited (NASDAQ:DLXY) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 118,739 shares, a decline of 50.8% from the March 15th total of 241,542 shares. Based on an average daily trading volume, of 281,943 shares, the short-interest ratio is presently 0.4 days. Approximately 0.7% of the company’s shares are short sold.

Delixy Stock Performance

Shares of NASDAQ:DLXY opened at $0.50 on Friday. Delixy has a 1 year low of $0.45 and a 1 year high of $7.16. The business has a 50 day simple moving average of $0.80 and a two-hundred day simple moving average of $1.04.

Delixy (NASDAQ:DLXY) last announced its earnings results on Tuesday, December 30th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $51.00 million for the quarter.

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.