Short Interest in Fenbo Holdings Limited (NASDAQ:FEBO) Increases By 144.3%

Fenbo Holdings Limited (NASDAQ:FEBO) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 18,087 shares, a growth of 144.3% from the November 30th total of 7,403 shares. Based on an average trading volume of 248,619 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 248,619 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Fenbo in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Fenbo Price Performance

Shares of Fenbo stock traded up $0.02 during trading hours on Friday, reaching $1.41. The company had a trading volume of 23,148 shares, compared to its average volume of 64,789. Fenbo has a one year low of $0.61 and a one year high of $2.31. The business has a fifty day simple moving average of $0.85 and a 200 day simple moving average of $0.86.

About Fenbo

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.