TMD Energy Limited (NYSEAMERICAN:TMDE) Short Interest Update

TMD Energy Limited (NYSEAMERICAN:TMDE) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 58,873 shares, an increase of 52.9% from the August 31st total of 38,511 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 256,388 shares, the days-to-cover ratio is presently 0.2 days.

TMD Energy Trading Up 0.4%

Shares of TMD Energy stock opened at $0.65 on Friday. TMD Energy has a 1 year low of $0.41 and a 1 year high of $4.77. The firm’s 50-day moving average is $0.73 and its 200 day moving average is $0.93.

TMD Energy (NYSEAMERICAN:TMDE) last released its quarterly earnings data on Monday, June 29th. The company reported ($0.18) earnings per share for the quarter. The business had revenue of $123.79 million for the quarter.

TMD Energy Company Profile

TMD Energy Limited is a Singapore-based energy company engaged primarily in the trading and distribution of petroleum products. The company serves customers in the marine and industrial sectors, supplying products such as marine fuel, gasoil and other refined petroleum products.

Its activities also include marine fuel logistics and related services, including the sourcing, storage, transportation and delivery of fuel to vessels and commercial customers. Through its operations in Singapore and the broader Southeast Asian market, TMD Energy supports the bunkering and fuel requirements of shipping and industrial clients.

The company operates through subsidiaries and affiliates involved in petroleum-product trading and marine fuel supply.