CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) was the recipient of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 7,438 shares, a decrease of 44.8% from the January 29th total of 13,484 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 200,535 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 200,535 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

CBL International Trading Up 18.8%

NASDAQ BANL opened at $0.45 on Friday. CBL International has a fifty-two week low of $0.28 and a fifty-two week high of $1.30. The stock has a 50 day simple moving average of $0.38 and a two-hundred day simple moving average of $0.52.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CBL International in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

CBL International Company Profile

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.