TMD Energy Limited (NYSEAMERICAN:TMDE) Short Interest Down 65.2% in July

TMD Energy Limited (NYSEAMERICAN:TMDE) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 91,554 shares, a decrease of 65.2% from the June 30th total of 262,899 shares. Based on an average daily volume of 493,175 shares, the short-interest ratio is presently 0.2 days. Currently, 0.4% of the company’s stock are short sold.

TMD Energy Stock Down 14.0%

Shares of NYSEAMERICAN TMDE traded down $0.13 during trading hours on Monday, hitting $0.81. The company had a trading volume of 176,113 shares, compared to its average volume of 4,352,745. The company has a current ratio of 0.85, a quick ratio of 0.77 and a debt-to-equity ratio of 0.04. TMD Energy has a 1-year low of $0.41 and a 1-year high of $4.77. The firm’s 50 day moving average is $0.81 and its 200-day moving average is $1.06.

TMD Energy (NYSEAMERICAN:TMDE) last issued its earnings results on Monday, June 29th. The company reported ($0.18) earnings per share for the quarter. The company had revenue of $123.79 million for the quarter.

TMD Energy Company Profile

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.