Blue Dolphin Energy (OTCMKTS:BDCO) Sees Large Drop in Short Interest

Blue Dolphin Energy (OTCMKTS:BDCO) was the recipient of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 200 shares, a decrease of 83.3% from the January 15th total of 1,200 shares. Based on an average daily volume of 12,000 shares, the short-interest ratio is presently 0.0 days.

Blue Dolphin Energy Stock Down 16.3 %

BDCO stock traded down $0.37 during trading on Thursday, reaching $1.88. 16,937 shares of the stock were exchanged, compared to its average volume of 7,478. The company has a current ratio of 1.28, a quick ratio of 0.32 and a debt-to-equity ratio of 0.81. Blue Dolphin Energy has a twelve month low of $1.76 and a twelve month high of $8.00. The firm’s 50 day moving average is $2.76 and its 200 day moving average is $3.47. The firm has a market cap of $28.09 million, a P/E ratio of 7.24 and a beta of 0.08.

Blue Dolphin Energy Company Profile

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.