CBL International Limited (NASDAQ:BANL) Short Interest Update

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

CBL International Stock Down 1.9 %

NASDAQ:BANL traded down $0.02 during mid-day trading on Friday, reaching $1.04. The company’s stock had a trading volume of 21,497 shares, compared to its average volume of 66,622. The company’s fifty day simple moving average is $0.98 and its two-hundred day simple moving average is $0.88. CBL International has a twelve month low of $0.55 and a twelve month high of $1.79.

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.