Short Interest in Jeffs’ Brands Ltd. (NASDAQ:JFBR) Decreases By 88.3%

Jeffs’ Brands Ltd. (NASDAQ:JFBR) saw a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 19,330 shares, a decrease of 88.3% from the February 12th total of 164,568 shares. Approximately 6.1% of the company’s stock are sold short. Based on an average daily volume of 57,721 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 57,721 shares, the short-interest ratio is currently 0.3 days. Approximately 6.1% of the company’s stock are sold short.

Jeffs’ Brands Stock Performance

Shares of Jeffs’ Brands stock traded up $0.09 on Tuesday, hitting $4.20. The stock had a trading volume of 52,399 shares, compared to its average volume of 33,853. Jeffs’ Brands has a 52-week low of $3.55 and a 52-week high of $428.40. The company has a quick ratio of 0.42, a current ratio of 1.38 and a debt-to-equity ratio of 2.20. The company’s 50 day moving average price is $7.86 and its 200 day moving average price is $29.74.

Analysts Set New Price Targets

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

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.