Fenbo Holdings Limited (NASDAQ:FEBO) Sees Significant Increase in Short Interest

Fenbo Holdings Limited (NASDAQ:FEBO) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 98,200 shares, an increase of 29.6% from the March 31st total of 75,800 shares. Based on an average daily trading volume, of 9,700 shares, the days-to-cover ratio is presently 10.1 days. Approximately 1.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Fenbo

A hedge fund recently bought a new stake in Fenbo stock. XTX Topco Ltd bought a new stake in Fenbo Holdings Limited (NASDAQ:FEBO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 23,856 shares of the company’s stock, valued at approximately $42,000. XTX Topco Ltd owned about 0.22% of Fenbo as of its most recent SEC filing. Institutional investors own 0.01% of the company’s stock.

Fenbo Stock Up 7.2 %

FEBO opened at $1.34 on Friday. Fenbo has a 12-month low of $0.93 and a 12-month high of $17.68. The business has a 50 day moving average of $1.18 and a 200-day moving average of $1.73.

Fenbo Company Profile

Fenbo Holdings Limited, through its subsidiaries, manufactures and sells personal care electric appliances and toys products. The company offers curling wands and irons, flat irons and hair straighteners, hair dryers, trimmers, nail polishers, pet shampoo brushes, eyebrow pliers, etc. It serves customers in Europe, North America, South America, Asia, and internationally.