CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 10,500 shares, a decline of 36.7% from the November 30th total of 16,600 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 20,900 shares, the days-to-cover ratio is currently 0.5 days.

CBL International Stock Performance

BANL traded down $0.02 during trading on Friday, hitting $1.04. The stock had a trading volume of 21,497 shares, compared to its average volume of 66,622. CBL International has a twelve month low of $0.55 and a twelve month high of $1.79. The company’s 50-day moving average price is $0.98 and its 200 day moving average price is $0.88.

About CBL International

CBL International Limited, a marine fuel logistics company, provides vessel refueling solutions in Malaysia, Hong Kong, China, South Korea, Singapore, and internationally. It facilitates vessel refueling between ship operators and local physical distributors/traders by purchasing marine fuel, including both fossil fuel and alternative fuel.