CBL International Limited (NASDAQ:BANL) Short Interest Down 64.7% in January

CBL International Limited (NASDAQ:BANL) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 13,484 shares, a drop of 64.7% from the January 15th total of 38,240 shares. Based on an average daily trading volume, of 36,900 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 36,900 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

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

CBL International Stock Performance

Shares of NASDAQ:BANL opened at $0.30 on Thursday. The stock’s fifty day simple moving average is $0.39 and its two-hundred day simple moving average is $0.55. CBL International has a 1-year low of $0.28 and a 1-year high of $1.30.

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. 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.