Jeffs’ Brands Ltd (NASDAQ:JFBR) Sees Large Growth in Short Interest

Jeffs’ Brands Ltd (NASDAQ:JFBR) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 134,300 shares, a growth of 179.2% from the February 28th total of 48,100 shares. Currently, 27.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 425,100 shares, the short-interest ratio is presently 0.3 days.

Jeffs’ Brands Price Performance

NASDAQ:JFBR opened at $1.08 on Friday. The business’s 50-day simple moving average is $1.78 and its two-hundred day simple moving average is $2.66. Jeffs’ Brands has a 52 week low of $1.06 and a 52 week high of $9.49.

Jeffs’ Brands Company Profile

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.