JBDI Holdings Limited (NASDAQ:JBDI) Short Interest Down 32.7% in March

JBDI Holdings Limited (NASDAQ:JBDI) saw a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 30,352 shares, a decrease of 32.7% from the February 26th total of 45,123 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 79,527 shares, the short-interest ratio is presently 0.4 days.

JBDI Stock Performance

JBDI stock traded up $0.00 during midday trading on Friday, reaching $0.64. The company had a trading volume of 12,193 shares, compared to its average volume of 47,665. The firm has a 50-day moving average price of $0.74 and a 200-day moving average price of $1.07. JBDI has a 1 year low of $0.52 and a 1 year high of $3.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.46 and a quick ratio of 4.19.

JBDI (NASDAQ:JBDI) last released its earnings results on Friday, February 6th. The company reported $0.00 EPS for the quarter. The firm had revenue of $2.04 million during the quarter.

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.