CBL International Limited (NASDAQ:BANL) Short Interest Down 44.8% in February

CBL International Limited (NASDAQ:BANL) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 7,438 shares, a decrease of 44.8% from the January 29th total of 13,484 shares. Based on an average daily trading volume, of 200,535 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 200,535 shares, the days-to-cover ratio is currently 0.0 days.

CBL International Trading Up 18.8%

CBL International stock opened at $0.45 on Friday. CBL International has a 52-week low of $0.28 and a 52-week high of $1.30. The stock has a fifty day moving average price of $0.38 and a two-hundred day moving average price of $0.52.

Analyst Ratings Changes

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