CBL International Limited (NASDAQ:BANL) Short Interest Up 482.4% in February

CBL International Limited (NASDAQ:BANL) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 43,320 shares, an increase of 482.4% from the February 12th total of 7,438 shares. Based on an average trading volume of 711,466 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 711,466 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

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

CBL International Stock Down 9.8%

Shares of BANL stock opened at $0.54 on Wednesday. CBL International has a fifty-two week low of $0.28 and a fifty-two week high of $1.22. The stock’s fifty day moving average price is $0.40 and its two-hundred day moving average price is $0.52.

CBL International Company Profile

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.