Fenbo Holdings Limited (NASDAQ:FEBO) Short Interest Update

Fenbo Holdings Limited (NASDAQ:FEBO) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 62,283 shares, an increase of 244.4% from the December 15th total of 18,087 shares. Based on an average daily trading volume, of 32,073 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.6% of the shares of the company are sold short. Approximately 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 32,073 shares, the days-to-cover ratio is currently 1.9 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Fenbo in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Fenbo Trading Down 0.8%

Shares of NASDAQ:FEBO opened at $1.24 on Thursday. Fenbo has a 52-week low of $0.61 and a 52-week high of $1.72. The business’s 50 day simple moving average is $0.98 and its two-hundred day simple moving average is $0.87. The company has a current ratio of 1.92, a quick ratio of 1.66 and a debt-to-equity ratio of 0.18.

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.