Jeffs’ Brands Ltd. (NASDAQ:JFBR) Short Interest Down 88.3% in February

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

Wall Street Analysts Forecast Growth

Several research firms recently commented 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 reissued a “sell (e+)” rating on shares of Jeffs’ Brands in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Jeffs’ Brands Stock Up 2.2%

Jeffs’ Brands stock traded up $0.09 during mid-day trading on Tuesday, reaching $4.20. 52,399 shares of the company were exchanged, compared to its average volume of 33,853. Jeffs’ Brands has a twelve month low of $3.55 and a twelve month high of $428.40. The firm’s 50-day simple moving average is $7.86 and its two-hundred day simple moving average is $29.74. The company has a quick ratio of 0.42, a current ratio of 1.38 and a debt-to-equity ratio of 2.20.

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.