Nexera Technologies Ltd. (NASDAQ:NEXR) Short Interest Update

Nexera Technologies Ltd. (NASDAQ:NEXR) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 29,216 shares, a decline of 79.8% from the June 30th total of 144,870 shares. Based on an average daily trading volume, of 361,670 shares, the short-interest ratio is presently 0.1 days. Approximately 1.0% of the shares of the company are short sold.

Nexera Technologies Stock Down 7.4%

NEXR stock opened at $0.33 on Friday. Nexera Technologies has a 1-year low of $0.32 and a 1-year high of $108.50. The company has a current ratio of 1.82, a quick ratio of 0.70 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average is $0.81 and its 200-day moving average is $3.56.

Wall Street Analyst Weigh In

Several brokerages have issued reports on NEXR. Weiss Ratings raised shares of Nexera Technologies from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, July 15th. Wall Street Zen raised shares of Nexera Technologies to a “hold” rating in a report on Saturday, June 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Nexera Technologies Company Profile

Jeffs’ Brands Ltd, together with its subsidiaries, operates as an e-commerce company. It engages in the sale of various consumer products on Amazon online marketplace. The company offers knife-sharpening sets, sharpeners, and nonslip rubber bases under the KnifePlanet brand; steel and soft-tip dart sets under the CC-Exquisite brand; car door and sets protectors for pets under the PetEvo brand; and bag sets and party supply kits for children under the Whoobli brand. It also provides reusable, self-cleansing pet hair removers for cats and dogs under the Wellted brand; and pest control products under the Fort brand.