Davis Commodities Limited (NASDAQ:DTCK) Short Interest Update

Davis Commodities Limited (NASDAQ:DTCK) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 80,000 shares, an increase of 147.7% from the November 30th total of 32,300 shares. Based on an average daily volume of 213,100 shares, the days-to-cover ratio is presently 0.4 days. Approximately 2.5% of the shares of the company are sold short.

Davis Commodities Stock Performance

NASDAQ:DTCK opened at $1.10 on Friday. Davis Commodities has a 12-month low of $0.76 and a 12-month high of $1.75. The stock’s 50 day moving average price is $1.03 and its two-hundred day moving average price is $1.11. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.30 and a current ratio of 1.31.

About Davis Commodities

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.