Blue Dolphin Energy (OTCMKTS:BDCO) Sees Significant Growth in Short Interest

Blue Dolphin Energy (OTCMKTS:BDCO) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 6,300 shares, an increase of 18.9% from the July 31st total of 5,300 shares. Based on an average daily volume of 6,700 shares, the short-interest ratio is currently 0.9 days.

Blue Dolphin Energy Price Performance

Blue Dolphin Energy stock opened at $4.00 on Friday. The stock has a market cap of $59.69 million, a P/E ratio of 2.86 and a beta of -0.03. The company has a fifty day simple moving average of $4.15 and a 200-day simple moving average of $5.00. Blue Dolphin Energy has a 12-month low of $2.50 and a 12-month high of $8.00. The company has a current ratio of 1.01, a quick ratio of 0.46 and a debt-to-equity ratio of 0.13.

Blue Dolphin Energy (OTCMKTS:BDCO) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.43) earnings per share for the quarter. Blue Dolphin Energy had a net margin of 5.64% and a return on equity of 51.07%. The company had revenue of $69.66 million during the quarter.

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.