JBDI Holdings Limited (NASDAQ:JBDI) Short Interest Update

JBDI Holdings Limited (NASDAQ:JBDI) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 13,440 shares, a decline of 65.0% from the June 15th total of 38,451 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 145,608 shares, the short-interest ratio is presently 0.1 days.

JBDI Price Performance

NASDAQ:JBDI traded down $0.12 during mid-day trading on Wednesday, hitting $1.29. 98,240 shares of the company’s stock were exchanged, compared to its average volume of 146,137. JBDI has a one year low of $0.78 and a one year high of $6.00. 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 business has a fifty day moving average price of $1.13 and a 200 day moving average price of $1.30.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated 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, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

JBDI Company Profile

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.