Delixy Holdings Limited (NASDAQ:DLXY) Short Interest Down 78.3% in April

Delixy Holdings Limited (NASDAQ:DLXY) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 105,008 shares, a decrease of 78.3% from the April 15th total of 484,550 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 547,453 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Delixy to a “sell” rating in a report on Saturday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Delixy presently has an average rating of “Sell”.

Delixy Trading Down 5.8%

Shares of NASDAQ DLXY traded down $0.03 during mid-day trading on Wednesday, reaching $0.47. The company had a trading volume of 63,706 shares, compared to its average volume of 376,111. The business’s 50-day moving average is $0.69 and its 200-day moving average is $0.84. Delixy has a 52 week low of $0.45 and a 52 week high of $7.16.

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

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.