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

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

CBL International Price Performance

NASDAQ BANL opened at $1.16 on Tuesday. The company’s 50-day simple moving average is $1.11 and its 200 day simple moving average is $0.98. CBL International has a twelve month low of $0.55 and a twelve month high of $1.35.

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.