Delixy Holdings Limited (NASDAQ:DLXY) Sees Significant Increase in Short Interest
by Jessica Moore · The Cerbat GemDelixy Holdings Limited (NASDAQ:DLXY – Get Free Report) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 94,386 shares, an increase of 20.4% from the December 15th total of 78,367 shares. Based on an average daily trading volume, of 85,783 shares, the short-interest ratio is presently 1.1 days. Approximately 0.6% of the shares of the stock are short sold. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 85,783 shares, the short-interest ratio is presently 1.1 days.
Analysts Set New Price Targets
Separately, Weiss Ratings assumed coverage on Delixy in a report on Wednesday, October 8th. They set a “sell (e-)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.
Check Out Our Latest Report on DLXY
Delixy Stock Down 1.0%
Shares of DLXY stock traded down $0.01 on Monday, hitting $0.86. The stock had a trading volume of 154,122 shares, compared to its average volume of 56,962. Delixy has a twelve month low of $0.61 and a twelve month high of $7.16. The company has a fifty day simple moving average of $0.93.
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.