Short Interest in CBL International Limited (NASDAQ:BANL) Expands By 24.8%

CBL International Limited (NASDAQ:BANL) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 36,700 shares, a growth of 24.8% from the March 31st total of 29,400 shares. Based on an average trading volume of 30,700 shares, the short-interest ratio is currently 1.2 days. Currently, 0.2% of the shares of the company are sold short.

CBL International Price Performance

BANL remained flat at $1.08 on Friday. 5,078 shares of the company were exchanged, compared to its average volume of 16,784. The firm has a 50 day moving average of $1.09 and a two-hundred day moving average of $1.32. CBL International has a 12-month low of $0.83 and a 12-month high of $16.99.

CBL International Company Profile

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.