Delixy Holdings Limited (NASDAQ:DLXY) Sees Large Decline in Short Interest

Delixy Holdings Limited (NASDAQ:DLXY – Get Free Report) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 74,907 shares, a decline of 39.2% from the September 30th total of 123,241 shares. Approximately 2.3% of the shares of the company are sold short. Based on an average trading volume of 1,485,661 shares, the short-interest ratio is currently 0.1 days.

Delixy Stock Performance

DLXY traded up $0.08 during trading on Monday, reaching $1.60. The stock had a trading volume of 18,257 shares, compared to its average volume of 599,758. Delixy has a 1-year low of $1.45 and a 1-year high of $22.25. The stock has a 50 day moving average of $2.35 and a two-hundred day moving average of $2.95.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Delixy in a research note on Monday, August 24th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has an average rating of “Sell”.

View Our Latest Stock Report on Delixy

About Delixy

(Get Free Report)

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.

Further Reading

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