CBL International Limited (NASDAQ:BANL – Get Free Report) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 28,399 shares, a drop of 60.7% from the August 15th total of 72,178 shares. Currently, 1.3% of the shares of the company are short sold. Based on an average daily volume of 70,515 shares, the short-interest ratio is presently 0.4 days.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on BANL. Wall Street Zen raised CBL International from a “hold” rating to a “buy” rating in a report on Sunday. Weiss Ratings cut CBL International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, September 4th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, CBL International presently has an average rating of “Sell”.
View Our Latest Report on CBL International
CBL International Stock Performance
CBL International (NASDAQ:BANL – Get Free Report) last posted its quarterly earnings data on Tuesday, August 18th. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $197.79 million for the quarter.
CBL International Dividend Announcement
The business also recently declared a dividend, which will be paid on Friday, September 18th. Investors of record on Friday, August 28th will be given a dividend of $0.10 per share. The ex-dividend date is Friday, August 28th.
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.
See Also
- Five stocks we like better than CBL International
- Running on Empty: 3 Energy Plays for Europe’s Deep Freeze
- 3 Healthcare Stocks for 3 Stages of Life
- Curaleaf Tries To Roll Up Aurora In a Hostile Cannabis Bid
- MarketBeat’s Most Downgraded Stocks in Q3: 2 Look Cheap, 1 Looks Risky
Receive News & Ratings for CBL International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBL International and related companies with MarketBeat.com's FREE daily email newsletter.
