CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 32,800 shares, an increase of 47.1% from the October 15th total of 22,300 shares. Based on an average trading volume of 39,700 shares, the short-interest ratio is presently 0.8 days. Currently, 0.9% of the company’s stock are short sold.

CBL International Price Performance

CBL International stock opened at $0.98 on Friday. CBL International has a 1-year low of $0.55 and a 1-year high of $1.87. The business has a fifty day moving average price of $0.88 and a 200-day moving average price of $0.89.

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.