Blue Dolphin Energy (OTCMKTS:BDCO) Short Interest Up 22.4% in March

Blue Dolphin Energy (OTCMKTS:BDCO) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 7,100 shares, a growth of 22.4% from the March 15th total of 5,800 shares. Based on an average daily trading volume, of 5,000 shares, the days-to-cover ratio is presently 1.4 days.

Blue Dolphin Energy Stock Performance

Shares of OTCMKTS BDCO opened at $7.00 on Friday. Blue Dolphin Energy has a 12 month low of $1.60 and a 12 month high of $8.83. The company has a market cap of $104.44 million, a P/E ratio of 3.37 and a beta of 0.15. The business’s 50 day moving average is $4.94 and its two-hundred day moving average is $4.61. The company has a quick ratio of 0.45, a current ratio of 0.89 and a debt-to-equity ratio of 0.19.

Blue Dolphin Energy (OTCMKTS:BDCO) last posted its quarterly earnings results on Monday, April 1st. The company reported $0.59 earnings per share (EPS) for the quarter. The company had revenue of $107.96 million for the quarter. Blue Dolphin Energy had a net margin of 7.83% and a return on equity of 91.40%.

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.