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

CBL International Limited (NASDAQ:BANL) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 12,900 shares, a growth of 22.9% from the December 15th total of 10,500 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,500 shares, the short-interest ratio is presently 1.0 days.

CBL International Stock Performance

Shares of NASDAQ BANL traded up $0.00 during trading on Friday, reaching $1.14. The company had a trading volume of 10,433 shares, compared to its average volume of 11,100. CBL International has a twelve month low of $0.55 and a twelve month high of $1.61. The stock has a 50-day moving average price of $0.99 and a two-hundred day moving average price of $0.90.

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.