Short Interest in Delixy Holdings Limited (NASDAQ:DLXY) Drops By 15.7%

Delixy Holdings Limited (NASDAQ:DLXY) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 78,367 shares, a drop of 15.7% from the November 30th total of 92,922 shares. Based on an average trading volume of 16,324 shares, the days-to-cover ratio is presently 4.8 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 16,324 shares, the days-to-cover ratio is presently 4.8 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings initiated coverage on shares of Delixy in a research report on Wednesday, October 8th. They set a “sell (e-)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Delixy Trading Up 67.9%

Shares of NASDAQ:DLXY opened at $1.41 on Wednesday. Delixy has a 1 year low of $0.61 and a 1 year high of $7.16. The stock has a 50 day moving average price of $0.95.

Delixy Company Profile

Delixy Holdings Limited is a company principally engaged in the trading of oil-related products, including crude oil and oil-based products such as fuel oils, motor gasoline, additives, gas condensate, base oils, asphalt, petrochemicals and naphtha. Delixy Holdings Limited is based in Singapore.