CBL International Limited (NASDAQ:BANL) Sees Significant Growth in Short Interest

CBL International Limited (NASDAQ:BANL) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 12,900 shares, an increase of 22.9% from the December 15th total of 10,500 shares. Based on an average daily volume of 13,500 shares, the short-interest ratio is presently 1.0 days. Currently, 0.3% of the company’s shares are short sold.

CBL International Stock Up 0.4 %

BANL traded up $0.00 during midday trading on Friday, hitting $1.14. 10,433 shares of the company were exchanged, compared to its average volume of 11,100. The firm’s 50 day moving average price is $0.99 and its 200-day moving average price is $0.90. CBL International has a 1-year low of $0.55 and a 1-year high of $1.61.

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.