Fenbo Holdings Limited (NASDAQ:FEBO) Short Interest Up 24.6% in March
by Renee Jackson · The Cerbat GemFenbo Holdings Limited (NASDAQ:FEBO – Get Free Report) saw a significant increase in short interest in March. As of March 31st, there was short interest totaling 61,487 shares, an increase of 24.6% from the March 15th total of 49,360 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 7,799 shares, the days-to-cover ratio is currently 7.9 days.
Fenbo Trading Up 0.9%
Shares of NASDAQ:FEBO traded up $0.01 during trading on Thursday, hitting $1.17. The company’s stock had a trading volume of 2,810 shares, compared to its average volume of 14,755. Fenbo has a fifty-two week low of $0.61 and a fifty-two week high of $1.49. The stock’s 50-day moving average price is $1.14 and its two-hundred day moving average price is $1.01.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Fenbo in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.
Get Our Latest Stock Report on FEBO
About Fenbo
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. The company was founded in 1993 and is headquartered in Kwun Tong, Hong Kong. Fenbo Holdings Limited operates as a subsidiary of Luxury Max Investments Limited.