Davis Commodities Limited (NASDAQ:DTCK) Short Interest Down 6.6% in December

Davis Commodities Limited (NASDAQ:DTCK) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 74,700 shares, a decline of 6.6% from the December 15th total of 80,000 shares. Based on an average trading volume of 223,400 shares, the days-to-cover ratio is presently 0.3 days. Currently, 2.4% of the shares of the company are short sold.

Davis Commodities Stock Up 2.7 %

NASDAQ DTCK traded up $0.03 during trading hours on Friday, hitting $1.13. 49,980 shares of the stock were exchanged, compared to its average volume of 85,024. The company has a current ratio of 1.31, a quick ratio of 1.30 and a debt-to-equity ratio of 0.03. Davis Commodities has a 12-month low of $0.80 and a 12-month high of $1.75. The stock has a 50-day moving average of $1.02 and a 200 day moving average of $1.11.

Davis Commodities Company Profile

Davis Commodities Limited, an investment holding company, operates as an agricultural commodity trading company in Asia, Africa, and the Middle East. The company trades in agricultural commodities, including sugar, rice, and oil and fat products under the Maxwill and Taffy brands. It also provides warehouse storage and logistic, as well as agency services.