CBL International Limited (NASDAQ:BANL) Short Interest Down 29.4% in February

CBL International Limited (NASDAQ:BANL) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 2,400 shares, a drop of 29.4% from the February 13th total of 3,400 shares. Based on an average daily volume of 29,700 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

CBL International Trading Up 7.5 %

NASDAQ BANL opened at $1.15 on Friday. CBL International has a 12-month low of $0.55 and a 12-month high of $1.35. The firm’s 50 day moving average is $1.11 and its 200-day moving average is $0.98.

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.