Jeffs’ Brands Ltd. (NASDAQ:JFBR) Short Interest Update

Jeffs’ Brands Ltd. (NASDAQ:JFBR) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 26,609 shares, a growth of 37.7% from the February 26th total of 19,330 shares. Based on an average daily volume of 33,831 shares, the short-interest ratio is currently 0.8 days. Currently, 8.4% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on JFBR shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Jeffs’ Brands in a research note on Thursday, January 22nd. Wall Street Zen downgraded Jeffs’ Brands from a “hold” rating to a “sell” rating in a report on Monday, January 12th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Jeffs’ Brands currently has a consensus rating of “Sell”.

Jeffs’ Brands Stock Down 12.7%

NASDAQ:JFBR traded down $0.32 during mid-day trading on Friday, hitting $2.20. 50,835 shares of the stock were exchanged, compared to its average volume of 28,737. The firm’s 50-day simple moving average is $5.98 and its 200 day simple moving average is $24.44. Jeffs’ Brands has a fifty-two week low of $2.15 and a fifty-two week high of $428.40. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.42 and a current ratio of 1.38.

About Jeffs’ Brands

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.