JBDI Holdings Limited (NASDAQ:JBDI) Short Interest Down 57.2% in July

JBDI Holdings Limited (NASDAQ:JBDI) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 5,751 shares, a decrease of 57.2% from the June 30th total of 13,440 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 56,659 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of JBDI in a report on Friday, May 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

JBDI Price Performance

NASDAQ JBDI traded up $0.05 on Wednesday, reaching $1.13. 418,807 shares of the stock traded hands, compared to its average volume of 140,930. The company has a current ratio of 4.46, a quick ratio of 4.19 and a debt-to-equity ratio of 0.25. The company has a fifty day moving average price of $1.13 and a 200-day moving average price of $1.28. JBDI has a 12 month low of $0.78 and a 12 month high of $6.00.

About JBDI

JBDI Holdings Limited engages in the trading of reconditioned and recycling containers in Singapore and the Southeast Asia region. The company offers reconditioning and recycling drums, including open top drums, metal drums, plastic drums, plastic carboys, and intermediate bulk containers, as well as new drums, and collects waste drums and related products. It serves solvent, chemical, petroleum, and edible product oil industries. The company was founded in 1983 and is based in Singapore. JBDI Holdings Limited operates as a subsidiary of E U Holdings Pte.