Short Interest in Nexera Technologies Ltd. (NASDAQ:NEXR) Increases By 54.4%

Nexera Technologies Ltd. (NASDAQ:NEXR) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 45,098 shares, an increase of 54.4% from the July 15th total of 29,216 shares. Based on an average daily volume of 494,586 shares, the short-interest ratio is presently 0.1 days. Currently, 16.6% of the shares of the company are sold short.

Nexera Technologies Price Performance

Shares of NEXR opened at $2.64 on Wednesday. Nexera Technologies has a 12 month low of $2.32 and a 12 month high of $911.68. The stock’s 50 day moving average is $5.36 and its two-hundred day moving average is $24.42. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.82 and a quick ratio of 0.70.

Analyst Ratings Changes

Several research firms recently issued reports on NEXR. Weiss Ratings cut shares of Nexera Technologies from a “sell (e+)” rating to a “sell (e)” rating in a research note on Tuesday, August 11th. Wall Street Zen upgraded shares of Nexera Technologies to a “hold” rating in a research report on Saturday, June 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus 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.