CBL International Limited (NASDAQ:BANL) Short Interest Down 19.7% in December

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

Wall Street Analyst Weigh In

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

CBL International Stock Up 2.0%

BANL opened at $0.37 on Monday. The firm’s 50-day simple moving average is $0.44 and its 200-day simple moving average is $0.61. CBL International has a twelve month low of $0.30 and a twelve month high of $1.30.

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.