Blue Dolphin Energy (OTCMKTS:BDCO) Short Interest Down 46.4% in December

Blue Dolphin Energy (OTCMKTS:BDCO) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 1,500 shares, a decline of 46.4% from the December 15th total of 2,800 shares. Based on an average daily trading volume, of 7,700 shares, the days-to-cover ratio is presently 0.2 days.

Blue Dolphin Energy Price Performance

OTCMKTS:BDCO traded up $0.23 during mid-day trading on Wednesday, hitting $3.48. 525 shares of the stock traded hands, compared to its average volume of 3,966. Blue Dolphin Energy has a 12-month low of $2.21 and a 12-month high of $8.00. 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 company has a market cap of $51.93 million, a PE ratio of 13.39 and a beta of 0.10. The business’s 50-day moving average price is $2.96 and its 200 day moving average price is $3.68.

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.