Short Interest in CBL International Limited (NASDAQ:BANL) Drops By 19.7%

CBL International Limited (NASDAQ:BANL) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 9,160 shares, a decrease of 19.7% from the December 15th total of 11,408 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 41,859 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 41,859 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

CBL International Stock Performance

Shares of CBL International stock traded down $0.00 on Tuesday, hitting $0.36. The stock had a trading volume of 6,019 shares, compared to its average volume of 42,243. The stock has a 50 day moving average of $0.43 and a 200 day moving average of $0.60. CBL International has a twelve month low of $0.30 and a twelve month high of $1.30.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CBL International in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

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. The company’s services to its customers include vessel refueling options available at ports; arranges vessel refueling activities and local physical delivery of marine fuel; and coordinates vessel refueling schedule.