JBDI Holdings Limited (NASDAQ:JBDI) Short Interest Update

JBDI Holdings Limited (NASDAQ:JBDI) saw a large decline in short interest in the month of 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. Based on an average trading volume of 145,608 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of JBDI in a research note on Friday, May 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

JBDI Price Performance

Shares of NASDAQ JBDI opened at $1.33 on Monday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 4.19 and a current ratio of 4.46. JBDI has a 12 month low of $0.78 and a 12 month high of $6.00. The company has a 50 day simple moving average of $1.12 and a two-hundred day simple moving average of $1.31.

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.