Blue Dolphin Energy (OTCMKTS:BDCO) Short Interest Down 38.9% in September

Blue Dolphin Energy (OTCMKTS:BDCO) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 5,500 shares, a decline of 38.9% from the August 31st total of 9,000 shares. Based on an average trading volume of 3,900 shares, the short-interest ratio is currently 1.4 days.

Blue Dolphin Energy Price Performance

Shares of OTCMKTS BDCO traded down $0.02 during trading on Friday, reaching $4.00. The company had a trading volume of 207 shares, compared to its average volume of 4,428. Blue Dolphin Energy has a 52 week low of $2.50 and a 52 week high of $8.00. The stock has a market cap of $59.69 million, a PE ratio of 2.86 and a beta of -0.02. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.31 and a current ratio of 1.55. The business’s 50 day moving average price is $4.16 and its 200-day moving average price is $4.95.

Blue Dolphin Energy (OTCMKTS:BDCO) last announced its earnings results on Wednesday, August 14th. The company reported ($0.43) earnings per share for the quarter. The company had revenue of $69.66 million during the quarter. Blue Dolphin Energy had a return on equity of 39.12% and a net margin of 4.34%.

About Blue Dolphin Energy

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.