JBDI Holdings Limited (NASDAQ:JBDI) Short Interest Update

JBDI Holdings Limited (NASDAQ:JBDI) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 13,440 shares, a drop of 65.0% from the June 15th total of 38,451 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 145,608 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of JBDI in a report on Friday, May 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

JBDI Price Performance

Shares of JBDI stock opened at $1.33 on Monday. The company has a quick ratio of 4.19, a current ratio of 4.46 and a debt-to-equity ratio of 0.25. The company has a 50 day moving average price of $1.12 and a 200 day moving average price of $1.31. JBDI has a 52 week low of $0.78 and a 52 week high of $6.00.

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.