Delixy Holdings Limited (NASDAQ:DLXY) Short Interest Update

Delixy Holdings Limited (NASDAQ:DLXY) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 94,386 shares, a growth of 20.4% from the December 15th total of 78,367 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 85,783 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 85,783 shares, the short-interest ratio is currently 1.1 days. Approximately 0.6% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on Delixy in a research note on Wednesday, October 8th. They set a “sell (e-)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Delixy presently has an average rating of “Sell”.

Delixy Stock Up 4.7%

DLXY traded up $0.04 during trading hours on Tuesday, hitting $0.90. 97,494 shares of the company’s stock were exchanged, compared to its average volume of 57,533. Delixy has a 12-month low of $0.61 and a 12-month high of $7.16. The stock’s 50 day moving average price is $0.93.

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.