Short Interest in CBL International Limited (NASDAQ:BANL) Decreases By 38.2%

CBL International Limited (NASDAQ:BANL) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 3,400 shares, a decline of 38.2% from the January 31st total of 5,500 shares. Based on an average trading volume of 23,100 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

CBL International Price Performance

CBL International stock opened at $1.07 on Friday. CBL International has a 12-month low of $0.55 and a 12-month high of $1.35. The firm has a 50 day moving average of $1.10 and a 200 day moving average of $0.97.

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.