CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) was the target of a large decline in short interest in 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. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 20,900 shares, the days-to-cover ratio is presently 0.5 days.

CBL International Price Performance

NASDAQ BANL traded down $0.02 during trading hours on Friday, reaching $1.04. 21,497 shares of the company’s stock were exchanged, compared to its average volume of 66,622. CBL International has a one year low of $0.55 and a one year high of $1.79. The company’s 50-day moving average is $0.98 and its two-hundred day moving average 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.