Nexera Technologies Ltd. (NASDAQ:NEXR) Sees Large Increase in Short Interest

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

Analyst Upgrades and Downgrades

Several research firms recently commented on NEXR. Wall Street Zen upgraded Nexera Technologies to a “hold” rating in a research report on Saturday, June 27th. Weiss Ratings lowered shares of Nexera Technologies from a “sell (e+)” rating to a “sell (e)” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Nexera Technologies has an average rating of “Sell”.

Nexera Technologies Stock Down 0.5%

NEXR stock traded down $0.00 on Tuesday, reaching $0.44. The company’s stock had a trading volume of 295,547 shares, compared to its average volume of 4,911,759. The business has a fifty day simple moving average of $1.05 and a two-hundred day simple moving average of $4.25. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.70 and a current ratio of 1.82. Nexera Technologies has a 12-month low of $0.42 and a 12-month high of $108.50.

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.