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

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

JBDI Stock Up 0.1%

Shares of JBDI stock traded up $0.00 during trading on Friday, reaching $0.64. The company’s stock had a trading volume of 12,193 shares, compared to its average volume of 47,665. 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 has a 52-week low of $0.52 and a 52-week high of $3.00. The firm’s 50-day moving average is $0.74 and its two-hundred day moving average is $1.07.

JBDI (NASDAQ:JBDI) last issued its earnings results on Friday, February 6th. The company reported $0.00 EPS for the quarter. The business 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.