Fenbo Holdings Limited (NASDAQ:FEBO) Short Interest Update

Fenbo Holdings Limited (NASDAQ:FEBO) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 83,159 shares, an increase of 73.1% from the May 31st total of 48,052 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average trading volume of 376,315 shares, the short-interest ratio is currently 0.2 days.

Fenbo Stock Performance

FEBO stock opened at $0.86 on Friday. The stock has a fifty day moving average of $1.00 and a 200-day moving average of $1.11. Fenbo has a fifty-two week low of $0.61 and a fifty-two week high of $1.46. The company has a current ratio of 2.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.20.

Fenbo (NASDAQ:FEBO) last issued its earnings results on Friday, May 15th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $2.74 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Fenbo from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Fenbo currently has an average rating of “Sell”.

About Fenbo

Fenbo Holdings Limited, through its subsidiaries, manufactures and sells personal care electric appliances and toys products. The company offers curling wands and irons, flat irons and hair straighteners, hair dryers, trimmers, nail polishers, pet shampoo brushes, eyebrow pliers, etc. It serves customers in Europe, North America, South America, Asia, and internationally. The company was founded in 1993 and is headquartered in Kwun Tong, Hong Kong. Fenbo Holdings Limited operates as a subsidiary of Luxury Max Investments Limited.