Blue Dolphin Energy Co. (OTCMKTS:BDCO) Short Interest Update

Blue Dolphin Energy Co. (OTCMKTS:BDCO) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 12,092 shares, a growth of 234.7% from the May 14th total of 3,613 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 40,768 shares, the days-to-cover ratio is currently 0.3 days.

Blue Dolphin Energy Trading Up 5.3%

Shares of Blue Dolphin Energy stock opened at $3.57 on Thursday. The firm has a market capitalization of $53.26 million, a PE ratio of 7.76 and a beta of 0.35. The company has a current ratio of 0.91, a quick ratio of 0.41 and a debt-to-equity ratio of 0.06. The firm’s 50 day moving average is $3.55 and its 200 day moving average is $2.25. Blue Dolphin Energy has a 1 year low of $1.01 and a 1 year high of $4.32.

Blue Dolphin Energy (OTCMKTS:BDCO) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.99 earnings per share (EPS) for the quarter. Blue Dolphin Energy had a net margin of 2.48% and a return on equity of 28.59%.

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.