CBL International Limited (NASDAQ:BANL) Sees Large Decline in Short Interest

CBL International Limited (NASDAQ:BANL) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 300 shares, a decline of 87.5% from the February 28th total of 2,400 shares. Based on an average trading volume of 34,000 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

CBL International Stock Down 1.3 %

Shares of NASDAQ:BANL opened at $1.04 on Friday. The business’s 50 day moving average is $1.12 and its 200 day moving average is $1.00. CBL International has a 12-month low of $0.55 and a 12-month high of $1.35.

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.