Delixy Holdings Limited (NASDAQ:DLXY – Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 74,907 shares, a drop of 39.2% from the September 30th total of 123,241 shares. Currently, 2.3% of the company’s shares are short sold. Based on an average daily trading volume, of 1,485,661 shares, the days-to-cover ratio is currently 0.1 days.
Delixy Stock Down 1.9%
DLXY stock opened at $1.52 on Friday. The business has a 50 day moving average of $2.35 and a 200-day moving average of $2.95. Delixy has a 12-month low of $1.45 and a 12-month high of $22.25.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Delixy in a research report on Monday, August 24th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has an average rating of “Sell”.
Check Out Our Latest Stock Report on DLXY
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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