CBL International Limited (NASDAQ:BANL) Short Interest Down 39.9% in November

CBL International Limited (NASDAQ:BANL) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 19,700 shares, a decline of 39.9% from the October 31st total of 32,800 shares. Based on an average daily trading volume, of 33,300 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.5% of the shares of the company are sold short.

CBL International Trading Down 3.7 %

BANL traded down $0.04 on Friday, hitting $1.02. 4,276 shares of the stock traded hands, compared to its average volume of 71,067. The business has a fifty day moving average price of $0.95 and a two-hundred day moving average price of $0.89. CBL International has a 52 week low of $0.55 and a 52 week 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.