CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 12,900 shares, a growth of 22.9% from the December 15th total of 10,500 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 13,500 shares, the short-interest ratio is presently 1.0 days.

CBL International Stock Performance

NASDAQ:BANL traded up $0.00 during trading hours on Friday, reaching $1.14. 10,433 shares of the company were exchanged, compared to its average volume of 11,100. The stock has a 50 day simple moving average of $0.99 and a 200 day simple moving average of $0.90. CBL International has a 52-week low of $0.55 and a 52-week high of $1.61.

CBL International Company Profile

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.