CBL International Limited (NASDAQ:BANL) Short Interest Down 29.4% in February

CBL International Limited (NASDAQ:BANL) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 2,400 shares, a drop of 29.4% from the February 13th total of 3,400 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 29,700 shares, the days-to-cover ratio is currently 0.1 days.

CBL International Price Performance

NASDAQ:BANL opened at $1.15 on Friday. CBL International has a 1-year low of $0.55 and a 1-year high of $1.35. The firm has a fifty day simple moving average of $1.11 and a 200 day simple moving average of $0.98.

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.