Delixy Holdings Limited (NASDAQ:DLXY) Stock Short Interest Climbs 155.8%

Delixy Holdings Limited (NASDAQ:DLXY) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 123,241 shares, an increase of 155.8% from the September 15th total of 48,170 shares. Based on an average daily volume of 5,487,618 shares, the short-interest ratio is currently 0.0 days. Currently, 3.8% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Delixy in a research report on Monday, August 24th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Delixy Trading Up 2.8%

NASDAQ DLXY traded up $0.06 during trading on Monday, reaching $2.23. 1,649,812 shares of the company’s stock were exchanged, compared to its average volume of 3,721,115. Delixy has a fifty-two week low of $1.70 and a fifty-two week high of $22.25. The company’s fifty day simple moving average is $2.39 and its 200-day simple moving average is $2.51.

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.