Short Interest in Fenbo Holdings Limited (NASDAQ:FEBO) Increases By 144.3%

Fenbo Holdings Limited (NASDAQ:FEBO) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 18,087 shares, an increase of 144.3% from the November 30th total of 7,403 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 248,619 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 248,619 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the shares of the stock are short sold.

Fenbo Stock Up 1.4%

Shares of NASDAQ FEBO traded up $0.02 during midday trading on Friday, hitting $1.41. 23,148 shares of the company’s stock were exchanged, compared to its average volume of 64,789. The business’s fifty day moving average price is $0.85 and its two-hundred day moving average price is $0.86. Fenbo has a 12-month low of $0.61 and a 12-month high of $2.31.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Fenbo in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Fenbo has an average rating of “Sell”.

About Fenbo

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.