CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 2,300 shares, a growth of 666.7% from the March 15th total of 300 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 40,300 shares, the short-interest ratio is presently 0.1 days.

CBL International Price Performance

Shares of NASDAQ:BANL traded down $0.02 during midday trading on Wednesday, reaching $1.04. The company had a trading volume of 20,819 shares, compared to its average volume of 50,804. The business’s 50 day moving average price is $1.07 and its 200 day moving average price is $1.03. CBL International has a 1-year low of $0.55 and a 1-year 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.