CBL International Limited (NASDAQ:BANL) Short Interest Up 22.9% in January

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

CBL International Stock Performance

NASDAQ:BANL opened at $1.13 on Friday. The firm’s fifty day simple moving average is $1.02 and its 200 day simple moving average is $0.93. CBL International has a twelve month low of $0.55 and a twelve month high of $1.52.

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.