Delixy Holdings Limited (NASDAQ:DLXY – Get Free Report) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 66,783 shares, a drop of 29.2% from the December 31st total of 94,386 shares. Based on an average daily volume of 44,512 shares, the short-interest ratio is currently 1.5 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 44,512 shares, the short-interest ratio is currently 1.5 days.
Delixy Price Performance
Delixy stock opened at $0.92 on Friday. The stock’s 50 day moving average price is $0.90. Delixy has a 52-week low of $0.61 and a 52-week high of $7.16.
Analysts Set New Price Targets
Separately, Weiss Ratings initiated coverage on Delixy in a report on Wednesday, October 8th. They issued a “sell (e-)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.
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.
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