Blue Dolphin Energy Co. (OTCMKTS:BDCO) Short Interest Up 429.1% in April

Blue Dolphin Energy Co. (OTCMKTS:BDCO) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 8,465 shares, an increase of 429.1% from the April 15th total of 1,600 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 49,356 shares, the days-to-cover ratio is presently 0.2 days.

Blue Dolphin Energy Stock Performance

Shares of OTCMKTS:BDCO opened at $3.81 on Friday. The stock has a market capitalization of $56.85 million, a price-to-earnings ratio of -10.03 and a beta of 0.36. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.19 and a current ratio of 0.64. The stock’s 50-day simple moving average is $2.93 and its two-hundred day simple moving average is $1.92. Blue Dolphin Energy has a 52-week low of $1.01 and a 52-week high of $3.99.

Blue Dolphin Energy (OTCMKTS:BDCO) last issued its quarterly earnings results on Tuesday, March 31st. The company reported ($0.10) earnings per share for the quarter. The business had revenue of $68.75 million for the quarter. Blue Dolphin Energy had a negative return on equity of 9.83% and a negative net margin of 2.00%.

Blue Dolphin Energy Company Profile

Blue Dolphin Energy Company (OTCMKTS: BDCO) is an independent energy and marine transportation company headquartered in New Orleans, Louisiana. The firm focuses on the ownership, development and operation of refined petroleum product terminals and related infrastructure along the U.S. Gulf Coast. Its primary asset is a deepwater dock and storage terminal situated at Port Fourchon, Louisiana, which supports the loading and unloading of a variety of refined hydrocarbon products.

The company’s Port Fourchon facility features multiple above-ground storage tanks and a dedicated dock capable of accommodating oceangoing vessels, barges and offshore supply ships.