Davis Commodities Limited (NASDAQ:DTCK) Short Interest Down 6.6% in December

Davis Commodities Limited (NASDAQ:DTCK) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 74,700 shares, a decline of 6.6% from the December 15th total of 80,000 shares. Currently, 2.4% of the shares of the stock are short sold. Based on an average trading volume of 223,400 shares, the days-to-cover ratio is presently 0.3 days.

Davis Commodities Trading Up 2.7 %

NASDAQ:DTCK traded up $0.03 during trading hours on Monday, reaching $1.13. The stock had a trading volume of 49,980 shares, compared to its average volume of 85,024. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.30 and a current ratio of 1.31. Davis Commodities has a 52 week low of $0.80 and a 52 week high of $1.75. The company has a 50 day moving average price of $1.02 and a two-hundred day moving average price of $1.11.

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.