Short Interest in Nexera Technologies Ltd. (NASDAQ:NEXR) Rises By 62.9%

Nexera Technologies Ltd. (NASDAQ:NEXR) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 73,471 shares, a growth of 62.9% from the July 30th total of 45,098 shares. Based on an average daily volume of 764,049 shares, the short-interest ratio is presently 0.1 days. Currently, 27.1% of the company’s stock are sold short.

Nexera Technologies Stock Performance

NEXR opened at $1.83 on Wednesday. Nexera Technologies has a 1-year low of $1.80 and a 1-year high of $847.00. The company’s fifty day moving average price is $4.26 and its two-hundred day moving average price is $18.76. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.70 and a current ratio of 1.82.

Nexera Technologies (NASDAQ:NEXR) last issued its quarterly earnings data on Monday, August 31st. The company reported ($25.90) earnings per share (EPS) for the quarter. The firm had revenue of $5.21 million for the quarter.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Weiss Ratings upgraded Nexera Technologies from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, August 26th. Wall Street Zen raised Nexera Technologies to a “hold” rating in a research report on Saturday, June 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Nexera Technologies currently has an average 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.