Delixy Holdings Limited (NASDAQ:DLXY) Short Interest Update

Delixy Holdings Limited (NASDAQ:DLXY) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 125,110 shares, an increase of 187.2% from the May 31st total of 43,561 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average trading volume of 1,333,532 shares, the short-interest ratio is currently 0.1 days.

Delixy Price Performance

Shares of Delixy stock traded down $0.02 during mid-day trading on Tuesday, hitting $0.45. 35,019 shares of the stock were exchanged, compared to its average volume of 1,880,158. Delixy has a 12 month low of $0.34 and a 12 month high of $7.16. The company has a 50-day simple moving average of $0.53 and a 200 day simple moving average of $0.72.

Delixy (NASDAQ:DLXY) last released its earnings results on Friday, May 1st. The company reported ($0.16) earnings per share (EPS) for the quarter. The firm had revenue of $102.87 million during the quarter.

Analyst Ratings Changes

A number of research firms have issued reports on DLXY. Wall Street Zen upgraded Delixy from a “sell” rating to a “hold” rating in a research note on Sunday, May 17th. Weiss Ratings downgraded Delixy from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, May 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

About Delixy

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.