TMD Energy Limited (NYSEAMERICAN:TMDE) Sees Large Increase in Short Interest

TMD Energy Limited (NYSEAMERICAN:TMDE) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 3,252 shares, an increase of 146.7% from the December 15th total of 1,318 shares. Based on an average daily volume of 41,899 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 41,899 shares, the short-interest ratio is currently 0.1 days.

TMD Energy Price Performance

NYSEAMERICAN:TMDE opened at $0.81 on Wednesday. TMD Energy has a 52-week low of $0.41 and a 52-week high of $6.27. The business’s fifty day moving average is $0.68 and its 200 day moving average is $0.83. The company has a current ratio of 0.91, a quick ratio of 0.84 and a debt-to-equity ratio of 0.03.

TMD Energy (NYSEAMERICAN:TMDE) last released its quarterly earnings results on Monday, September 29th. The company reported ($0.10) earnings per share for the quarter. The firm had revenue of $138.17 million for the quarter.

About TMD Energy

We are principally involved in marine fuel bunkering services specializing in the supply and marketing of marine gas oil and marine fuel oil which include high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil, to ships and vessels at sea. We are also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering services. For our bunkering services, we provide offshore bunkering services which involve STS transfer of marine fuels.