CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 2,400 shares, a drop of 29.4% from the February 13th total of 3,400 shares. Based on an average daily trading volume, of 29,700 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

CBL International Stock Performance

Shares of NASDAQ BANL opened at $1.15 on Monday. The firm’s 50-day simple moving average is $1.11 and its 200 day simple moving average is $0.98. CBL International has a fifty-two week low of $0.55 and a fifty-two week high of $1.35.

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.