Fenbo Holdings Limited (NASDAQ:FEBO) Short Interest Up 73.1% in June

Fenbo Holdings Limited (NASDAQ:FEBO) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 83,159 shares, a growth of 73.1% from the May 31st total of 48,052 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average trading volume of 376,315 shares, the days-to-cover ratio is currently 0.2 days.

Fenbo Stock Performance

Shares of NASDAQ:FEBO traded down $0.08 on Thursday, hitting $0.87. 2,290 shares of the company’s stock were exchanged, compared to its average volume of 47,974. Fenbo has a 12 month low of $0.61 and a 12 month high of $1.46. The business’s 50 day simple moving average is $1.00 and its two-hundred day simple moving average is $1.11. The company has a quick ratio of 1.72, a current ratio of 2.07 and a debt-to-equity ratio of 0.20.

Fenbo (NASDAQ:FEBO) last issued its earnings results on Friday, May 15th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $2.74 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Fenbo from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Fenbo has an average rating of “Sell”.

Fenbo Company Profile

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.