CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 5,500 shares, a decline of 5.2% from the January 15th total of 5,800 shares. Based on an average daily volume of 15,300 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

CBL International Stock Performance

NASDAQ:BANL opened at $1.23 on Tuesday. CBL International has a 12-month low of $0.55 and a 12-month high of $1.51. The stock’s 50 day moving average price is $1.06 and its two-hundred day moving average price is $0.95.

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.