JBDI Holdings Limited (NASDAQ:JBDI) Sees Significant Growth in Short Interest

JBDI Holdings Limited (NASDAQ:JBDI) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 58,800 shares, a growth of 394.8% from the January 29th total of 11,883 shares. Based on an average daily trading volume, of 2,214,788 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,214,788 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

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

JBDI Price Performance

Shares of NASDAQ:JBDI opened at $0.77 on Thursday. The company has a current ratio of 4.46, a quick ratio of 4.19 and a debt-to-equity ratio of 0.25. JBDI has a 12-month low of $0.49 and a 12-month high of $3.00. The business’s fifty day simple moving average is $0.77 and its 200-day simple moving average is $1.12.

JBDI (NASDAQ:JBDI) last issued its quarterly earnings data on Friday, February 6th. The company reported $0.00 earnings per share for the quarter. The company had revenue of $2.04 million for the quarter.

JBDI Company Profile

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.