Short Interest in Jeffs’ Brands Ltd. (NASDAQ:JFBR) Expands By 921.1%

Jeffs’ Brands Ltd. (NASDAQ:JFBR) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 245,252 shares, an increase of 921.1% from the January 15th total of 24,019 shares. Approximately 10.2% of the company’s shares are short sold. Based on an average daily volume of 26,319,616 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 26,319,616 shares, the days-to-cover ratio is presently 0.0 days. Approximately 10.2% of the company’s shares are short sold.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Wall Street Zen cut Jeffs’ Brands from a “hold” rating to a “sell” rating in a research note on Monday, January 12th. Weiss Ratings reissued a “sell (e+)” rating on shares of Jeffs’ Brands in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Jeffs’ Brands Trading Down 4.0%

Shares of NASDAQ JFBR traded down $0.02 during midday trading on Tuesday, reaching $0.48. 155,595 shares of the company’s stock traded hands, compared to its average volume of 13,740,774. The stock’s 50 day simple moving average is $0.94 and its 200-day simple moving average is $2.95. Jeffs’ Brands has a one year low of $0.46 and a one year high of $37.17. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.38 and a quick ratio of 0.42.

Jeffs’ Brands 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.