JBDI Holdings Limited (NASDAQ:JBDI) Short Interest Update

JBDI Holdings Limited (NASDAQ:JBDI) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 16,018 shares, a decline of 49.4% from the December 31st total of 31,667 shares. Based on an average trading volume of 16,283 shares, the short-interest ratio is currently 1.0 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 16,283 shares, the short-interest ratio is currently 1.0 days.

JBDI Price Performance

Shares of NASDAQ:JBDI opened at $0.59 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.18 and a quick ratio of 3.00. JBDI has a 1-year low of $0.49 and a 1-year high of $3.00. The business has a 50-day moving average price of $0.80 and a two-hundred day moving average price of $1.14.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of JBDI in a report on Friday, October 31st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

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.