TMD Energy Limited (NYSEAMERICAN:TMDE) Sees Significant Growth in Short Interest

TMD Energy Limited (NYSEAMERICAN:TMDE) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 989,104 shares, an increase of 167.2% from the February 26th total of 370,165 shares. Approximately 4.2% of the company’s stock are sold short. Based on an average trading volume of 26,045,706 shares, the short-interest ratio is currently 0.0 days.

TMD Energy Price Performance

NYSEAMERICAN TMDE remained flat at $1.34 during trading hours on Friday. 1,184,430 shares of the company traded hands, compared to its average volume of 7,209,547. TMD Energy has a twelve month low of $0.41 and a twelve month high of $6.27. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.84 and a current ratio of 0.91. The company’s 50 day moving average price is $1.22 and its 200-day moving average price is $0.91.

TMD Energy Company Profile

We are principally involved in marine fuel bunkering services specializing in the supply and marketing of marine gas oil and marine fuel oil which include high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil, to ships and vessels at sea. We are also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering services. For our bunkering services, we provide offshore bunkering services which involve STS transfer of marine fuels.