Short Interest in Blue Dolphin Energy Co. (OTCMKTS:BDCO) Expands By 157.2%

Blue Dolphin Energy Co. (OTCMKTS:BDCO) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 15,629 shares, a growth of 157.2% from the July 15th total of 6,076 shares. Based on an average daily volume of 47,121 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.0% of the shares of the company are short sold.

Blue Dolphin Energy Trading Down 0.7%

OTCMKTS:BDCO opened at $4.50 on Friday. The company has a market capitalization of $67.14 million, a P/E ratio of 2.54 and a beta of 0.42. The company has a current ratio of 0.91, a quick ratio of 0.41 and a debt-to-equity ratio of 0.06. Blue Dolphin Energy has a 12 month low of $1.01 and a 12 month high of $4.84. The firm has a fifty day simple moving average of $3.92 and a 200-day simple moving average of $3.08.

Blue Dolphin Energy (OTCMKTS:BDCO) last released its earnings results on Friday, August 14th. The company reported $1.19 earnings per share (EPS) for the quarter. Blue Dolphin Energy had a return on equity of 28.59% and a net margin of 2.48%.

About Blue Dolphin Energy

Blue Dolphin Energy Company (OTCMKTS: BDCO) is an independent energy and marine transportation company headquartered in New Orleans, Louisiana. The firm focuses on the ownership, development and operation of refined petroleum product terminals and related infrastructure along the U.S. Gulf Coast. Its primary asset is a deepwater dock and storage terminal situated at Port Fourchon, Louisiana, which supports the loading and unloading of a variety of refined hydrocarbon products.

The company’s Port Fourchon facility features multiple above-ground storage tanks and a dedicated dock capable of accommodating oceangoing vessels, barges and offshore supply ships.