CBL International Limited (NASDAQ:BANL) Short Interest Up 24.8% in April

CBL International Limited (NASDAQ:BANL) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 36,700 shares, a growth of 24.8% from the March 31st total of 29,400 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 30,700 shares, the days-to-cover ratio is presently 1.2 days.

CBL International Stock Down 4.7 %

Shares of BANL stock traded down $0.05 during trading hours on Tuesday, reaching $1.01. 10,050 shares of the stock traded hands, compared to its average volume of 82,921. CBL International has a 1-year low of $0.83 and a 1-year high of $14.04. The business has a fifty day moving average price of $1.09 and a 200 day moving average price of $1.32.

About CBL International

CBL International Limited, a fuel logistics company, provides vessel refueling solutions in Malaysia, Hong Kong, China, South Korea, Singapore, and internationally. The company offers trade credit and arranges local physical delivery of marine fuel. It expedites vessel refueling between ship operators and local physical distributors/traders of marine fuel.