Jeffs’ Brands Ltd. (NASDAQ:JFBR) Short Interest Up 37.7% in March

Jeffs’ Brands Ltd. (NASDAQ:JFBR) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 26,609 shares, a growth of 37.7% from the February 26th total of 19,330 shares. Approximately 8.4% of the shares of the company are short sold. Based on an average daily volume of 33,831 shares, the days-to-cover ratio is presently 0.8 days.

Analysts Set New Price Targets

A number of analysts have recently weighed in on JFBR shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Jeffs’ Brands in a research report on Thursday, January 22nd. Wall Street Zen downgraded Jeffs’ Brands from a “hold” rating to a “sell” rating in a research note on Monday, January 12th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Jeffs’ Brands Stock Performance

Shares of NASDAQ:JFBR opened at $3.08 on Tuesday. The firm’s 50 day moving average is $5.68 and its two-hundred day moving average is $23.74. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.42 and a current ratio of 1.38. Jeffs’ Brands has a 52 week low of $2.15 and a 52 week high of $428.40.

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.