JBDI Holdings Limited (NASDAQ:JBDI) Short Interest Update

JBDI Holdings Limited (NASDAQ:JBDI) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 16,018 shares, a drop of 49.4% from the December 31st total of 31,667 shares. Based on an average daily volume of 16,283 shares, the short-interest ratio is currently 1.0 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 16,283 shares, the short-interest ratio is currently 1.0 days.

Wall Street Analysts Forecast Growth

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

JBDI Price Performance

Shares of NASDAQ JBDI opened at $0.59 on Thursday. JBDI has a twelve month low of $0.49 and a twelve month high of $3.00. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.18 and a quick ratio of 3.00. The company’s fifty day moving average is $0.80 and its 200-day moving average is $1.14.

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.