Nexera Technologies Ltd. (NASDAQ:NEXR) Short Interest Up 252.7% in June

Nexera Technologies Ltd. (NASDAQ:NEXR) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 144,870 shares, an increase of 252.7% from the June 15th total of 41,074 shares. Based on an average daily volume of 33,860,147 shares, the days-to-cover ratio is currently 0.0 days. Currently, 4.8% of the shares of the stock are sold short.

Analysts Set New Price Targets

A number of research firms recently commented on NEXR. Weiss Ratings downgraded shares of Nexera Technologies from a “sell (e+)” rating to a “sell (e)” rating in a report on Monday, June 29th. Wall Street Zen raised shares of Nexera Technologies to a “hold” rating in a report on Saturday, June 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Nexera Technologies Stock Performance

Nexera Technologies stock opened at $0.48 on Monday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.82 and a quick ratio of 0.70. Nexera Technologies has a fifty-two week low of $0.46 and a fifty-two week high of $108.50. The stock’s fifty day moving average is $1.09 and its two-hundred day moving average is $4.35.

Nexera Technologies 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. It also provides reusable, self-cleansing pet hair removers for cats and dogs under the Wellted brand; and pest control products under the Fort brand.