CBL International Limited (NASDAQ:BANL) Short Interest Update

CBL International Limited (NASDAQ:BANL) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 4,900 shares, a decline of 38.8% from the August 31st total of 8,000 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 140,600 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 140,600 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

CBL International Price Performance

Shares of NASDAQ BANL opened at $0.73 on Friday. CBL International has a 1 year low of $0.62 and a 1 year high of $1.35. The firm has a 50-day moving average of $0.71 and a 200 day moving average of $0.84.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CBL International in a research note on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

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.