Jeffs’ Brands Ltd. (NASDAQ:JFBR) Sees Large Decrease in Short Interest

Jeffs’ Brands Ltd. (NASDAQ:JFBR) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 19,330 shares, a decrease of 88.3% from the February 12th total of 164,568 shares. Currently, 6.1% of the shares of the company are sold short. Based on an average trading volume of 57,721 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 57,721 shares, the short-interest ratio is currently 0.3 days. Currently, 6.1% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Jeffs’ Brands in a research report on Thursday, January 22nd. Wall Street Zen lowered shares of Jeffs’ Brands from a “hold” rating to a “sell” rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Jeffs’ Brands Stock Performance

NASDAQ:JFBR traded down $0.17 during trading hours on Wednesday, reaching $4.03. The stock had a trading volume of 141,037 shares, compared to its average volume of 441,404. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.42 and a current ratio of 1.38. The stock has a 50 day simple moving average of $7.86 and a 200 day simple moving average of $29.74. Jeffs’ Brands has a 12-month low of $3.55 and a 12-month high of $428.40.

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.