Short Interest in CBL International Limited (NASDAQ:BANL) Declines By 5.2%

CBL International Limited (NASDAQ:BANL) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 5,500 shares, a decline of 5.2% from the January 15th total of 5,800 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 15,300 shares, the short-interest ratio is presently 0.4 days.

CBL International Trading Down 2.4 %

BANL opened at $1.19 on Thursday. The business’s 50-day simple moving average is $1.07 and its 200-day simple moving average is $0.95. CBL International has a one year low of $0.55 and a one year high of $1.35.

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.