Short Interest in CBL International Limited (NASDAQ:BANL) Decreases By 15.7%

CBL International Limited (NASDAQ:BANL) was the recipient of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 16,600 shares, a decrease of 15.7% from the November 15th total of 19,700 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 28,100 shares, the days-to-cover ratio is currently 0.6 days.

CBL International Trading Down 3.0 %

BANL opened at $0.83 on Monday. The business’s 50-day moving average is $0.98 and its two-hundred day moving average is $0.88. CBL International has a 1 year low of $0.55 and a 1 year high of $1.79.

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.