CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 4,900 shares, a decline of 38.8% from the August 31st total of 8,000 shares. Based on an average daily trading volume, of 140,600 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 140,600 shares, the days-to-cover ratio is currently 0.0 days.

CBL International Stock Down 1.4%

CBL International stock opened at $0.73 on Monday. The stock’s fifty day simple moving average is $0.71 and its 200-day simple moving average is $0.84. CBL International has a twelve month low of $0.62 and a twelve month high of $1.35.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of CBL International in a report on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

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.