Delixy Holdings Limited (NASDAQ:DLXY – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 74,907 shares, a decrease of 39.2% from the September 30th total of 123,241 shares. Based on an average daily volume of 1,485,661 shares, the short-interest ratio is presently 0.1 days. Currently, 2.3% of the shares of the stock are short sold.
Delixy Trading Down 1.9%
NASDAQ DLXY opened at $1.52 on Friday. The business’s 50-day moving average price is $2.35 and its two-hundred day moving average price is $2.95. Delixy has a 12 month low of $1.45 and a 12 month high of $22.25.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Delixy in a research report on Monday, August 24th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has an average rating of “Sell”.
View Our Latest Stock Report on DLXY
About Delixy
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.
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