CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 37,100 shares, a decrease of 11.2% from the May 15th total of 41,800 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 12,500 shares, the days-to-cover ratio is currently 3.0 days.

CBL International Price Performance

NASDAQ BANL traded up $0.02 during mid-day trading on Monday, reaching $0.93. The stock had a trading volume of 3,931 shares, compared to its average volume of 62,108. The company has a fifty day moving average price of $1.03 and a 200 day moving average price of $1.21. CBL International has a 1 year low of $0.83 and a 1 year high of $5.49.

CBL International Company Profile

CBL International Limited, a fuel logistics company, provides vessel refueling solutions in Malaysia, Hong Kong, China, South Korea, Singapore, and internationally. The company offers trade credit and arranges local physical delivery of marine fuel. It expedites vessel refueling between ship operators and local physical distributors/traders of marine fuel.