Short Interest in CBL International Limited (NASDAQ:BANL) Rises By 47.1%

CBL International Limited (NASDAQ:BANL) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 32,800 shares, a growth of 47.1% from the October 15th total of 22,300 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average trading volume of 39,700 shares, the short-interest ratio is currently 0.8 days.

CBL International Trading Down 4.9 %

NASDAQ BANL opened at $0.98 on Friday. CBL International has a fifty-two week low of $0.55 and a fifty-two week high of $1.87. The stock has a 50-day simple moving average of $0.88 and a two-hundred day simple moving average of $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.