Short Interest in Blue Dolphin Energy (OTCMKTS:BDCO) Drops By 15.2%

Blue Dolphin Energy (OTCMKTS:BDCO) saw a significant decline in short interest in December. As of December 15th, there was short interest totalling 2,800 shares, a decline of 15.2% from the November 30th total of 3,300 shares. Based on an average daily volume of 10,300 shares, the days-to-cover ratio is presently 0.3 days.

Blue Dolphin Energy Price Performance

Shares of Blue Dolphin Energy stock traded up $0.12 on Friday, hitting $2.65. The company’s stock had a trading volume of 7,750 shares, compared to its average volume of 4,379. The company has a quick ratio of 0.32, a current ratio of 1.28 and a debt-to-equity ratio of 0.81. The firm has a fifty day moving average price of $3.18 and a 200-day moving average price of $3.80. Blue Dolphin Energy has a 52-week low of $2.21 and a 52-week high of $8.00. The company has a market capitalization of $39.56 million, a P/E ratio of 10.20 and a beta of -0.03.

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.