Short Interest in CBL International Limited (NASDAQ:BANL) Decreases By 13.6%

CBL International Limited (NASDAQ:BANL) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 24,800 shares, a decrease of 13.6% from the June 30th total of 28,700 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 103,100 shares, the short-interest ratio is currently 0.2 days.

CBL International Trading Down 8.4 %

Shares of BANL stock traded down $0.08 during trading hours on Monday, reaching $0.86. The company’s stock had a trading volume of 17,348 shares, compared to its average volume of 93,971. CBL International has a fifty-two week low of $0.65 and a fifty-two week high of $2.15. The firm’s 50 day simple moving average is $0.89 and its 200-day simple moving average is $1.07.

About CBL International

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.