Nexera Technologies Ltd. (NASDAQ:NEXR) Short Interest Up 2,596.2% in May

Nexera Technologies Ltd. (NASDAQ:NEXR) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 868,001 shares, a growth of 2,596.2% from the May 14th total of 32,193 shares. Based on an average trading volume of 8,617,209 shares, the days-to-cover ratio is currently 0.1 days. Approximately 273.0% of the shares of the company are short sold.

Nexera Technologies Price Performance

Shares of NEXR stock opened at $0.76 on Thursday. The stock’s 50-day moving average is $1.66 and its two-hundred day moving average is $7.51. The company has a quick ratio of 0.70, a current ratio of 1.82 and a debt-to-equity ratio of 0.16. Nexera Technologies has a fifty-two week low of $0.72 and a fifty-two week high of $125.57.

Analyst Ratings Changes

Separately, Weiss Ratings lowered Nexera Technologies from a “sell (e+)” rating to a “sell (e)” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

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.