Davis Commodities Limited (NASDAQ:DTCK) Short Interest Down 27.4% in February

Davis Commodities Limited (NASDAQ:DTCK) saw a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 5,300 shares, a decrease of 27.4% from the January 31st total of 7,300 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 219,800 shares, the short-interest ratio is currently 0.0 days.

Davis Commodities Stock Down 2.1 %

DTCK stock traded down $0.02 during midday trading on Tuesday, hitting $0.94. The stock had a trading volume of 21,456 shares, compared to its average volume of 43,367. The business has a 50-day moving average of $1.02 and a two-hundred day moving average of $1.06. Davis Commodities has a 52-week low of $0.85 and a 52-week high of $1.73. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.31 and a quick ratio of 1.30.

Institutional Investors Weigh In On Davis Commodities

An institutional investor recently raised its position in Davis Commodities stock. Citadel Advisors LLC grew its stake in Davis Commodities Limited (NASDAQ:DTCK) by 354.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,611 shares of the company’s stock after acquiring an additional 35,571 shares during the quarter. Citadel Advisors LLC owned 0.19% of Davis Commodities worth $49,000 at the end of the most recent quarter. Institutional investors and hedge funds own 81.83% of the company’s stock.

Davis Commodities Company Profile

Davis Commodities Limited, an investment holding company, operates as an agricultural commodity trading company in Asia, Africa, and the Middle East. The company trades in agricultural commodities, including sugar, rice, and oil and fat products under the Maxwill and Taffy brands. It also provides warehouse storage and logistic, as well as agency services.