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

Fenbo Holdings Limited (NASDAQ:FEBO) was the target of a large growth in short interest in 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. Currently, 0.8% of the shares of the stock are short sold. Based on an average trading volume of 376,315 shares, the short-interest ratio is currently 0.2 days.

Fenbo Trading Down 8.2%

FEBO stock traded down $0.08 during midday trading on Thursday, reaching $0.87. 2,290 shares of the company traded hands, compared to its average volume of 47,974. Fenbo has a 52-week low of $0.61 and a 52-week high of $1.46. The company has a current ratio of 2.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.20. The business has a 50 day moving average of $1.00 and a 200-day moving average of $1.11.

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

Analyst Ratings Changes

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