Delixy Holdings Limited (NASDAQ:DLXY) Shares Shorted: Short Interest Down 39.2% in October

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

(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.

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