CBL International Limited (NASDAQ:BANL) Short Interest Down 46.6% in September

CBL International Limited (NASDAQ:BANL) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totalling 12,600 shares, a decrease of 46.6% from the September 15th total of 23,600 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 130,500 shares, the short-interest ratio is presently 0.1 days.

CBL International Trading Up 6.6 %

NASDAQ BANL traded up $0.06 on Friday, hitting $0.98. The company’s stock had a trading volume of 41,980 shares, compared to its average volume of 80,790. CBL International has a 1-year low of $0.55 and a 1-year high of $2.14. The company’s 50-day moving average is $0.80 and its 200 day moving average is $0.90.

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.