CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 5,800 shares, a decline of 55.0% from the December 31st total of 12,900 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 11,200 shares, the short-interest ratio is currently 0.5 days.

CBL International Stock Performance

NASDAQ BANL remained flat at $1.16 during trading on Thursday. 17,782 shares of the company’s stock traded hands, compared to its average volume of 14,989. The stock has a 50 day simple moving average of $1.01 and a two-hundred day simple moving average of $0.93. CBL International has a 1-year low of $0.55 and a 1-year high of $1.52.

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.