Delixy Holdings Limited (NASDAQ:DLXY – Get Free Report) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 105,008 shares, a drop of 78.3% from the April 15th total of 484,550 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 547,453 shares, the days-to-cover ratio is currently 0.2 days.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded shares of Delixy to a “sell” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Delixy presently has a consensus rating of “Sell”.
Check Out Our Latest Report on DLXY
Delixy Stock Performance
Delixy (NASDAQ:DLXY – Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The company reported ($0.16) earnings per share (EPS) for the quarter. The business had revenue of $102.87 million during 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.
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