Fenbo Holdings Limited (NASDAQ:FEBO) Short Interest Down 18.7% in January

Fenbo Holdings Limited (NASDAQ:FEBO) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 50,606 shares, a drop of 18.7% from the December 31st total of 62,283 shares. Based on an average daily volume of 40,489 shares, the short-interest ratio is currently 1.2 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 40,489 shares, the short-interest ratio is currently 1.2 days.

Fenbo Trading Up 1.0%

Fenbo stock traded up $0.01 during trading hours on Monday, reaching $1.07. 1,445 shares of the company’s stock traded hands, compared to its average volume of 30,092. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.66 and a current ratio of 1.92. Fenbo has a fifty-two week low of $0.61 and a fifty-two week high of $1.49. The firm’s 50 day moving average is $1.09 and its 200-day moving average is $0.89.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Fenbo in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Fenbo Company Profile

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.