CBL International Limited (NASDAQ:BANL) Short Interest Up 47.1% in October

CBL International Limited (NASDAQ:BANL) was the target of a large increase in short interest during the month of 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 currently 0.8 days. Currently, 0.9% of the company’s stock are short sold.

CBL International Stock Down 4.9 %

BANL traded down $0.05 on Friday, hitting $0.98. The company had a trading volume of 3,639 shares, compared to its average volume of 73,498. CBL International has a 1-year low of $0.55 and a 1-year high of $1.87. The company’s fifty day moving average price is $0.88 and its 200 day moving average price is $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.