CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) saw a significant growth in short interest in July. As of July 31st, there was short interest totalling 117,500 shares, a growth of 373.8% from the July 15th total of 24,800 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 104,800 shares, the days-to-cover ratio is currently 1.1 days.

CBL International Trading Down 1.1 %

BANL traded down $0.01 on Wednesday, reaching $0.78. The company had a trading volume of 897 shares, compared to its average volume of 88,022. CBL International has a 52-week low of $0.65 and a 52-week high of $2.14. The business has a 50 day simple moving average of $0.85 and a 200 day simple moving average of $1.02.

CBL International Company Profile

CBL International Limited, a fuel logistics company, provides vessel refueling solutions in Malaysia, Hong Kong, China, South Korea, Singapore, and internationally. The company offers trade credit and arranges local physical delivery of marine fuel. It expedites vessel refueling between ship operators and local physical distributors/traders of marine fuel.