Caring Brands, Inc. (NASDAQ:CABR) Stock Short Interest Report for September

Caring Brands, Inc. (NASDAQ:CABR) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 6,427 shares, a drop of 65.3% from the September 15th total of 18,496 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 19,627 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Caring Brands in a report on Tuesday, September 8th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Caring Brands Stock Performance

Shares of CABR traded up $0.14 during mid-day trading on Monday, hitting $1.30. 51,681 shares of the company traded hands, compared to its average volume of 92,631. The stock has a market cap of $13.48 million and a price-to-earnings ratio of -1.76. The stock has a 50-day moving average price of $1.30 and a two-hundred day moving average price of $1.23. Caring Brands has a 1 year low of $0.71 and a 1 year high of $5.35.

Caring Brands (NASDAQ:CABR) last issued its earnings results on Thursday, August 13th. The company reported ($0.10) earnings per share (EPS) for the quarter.

Institutional Trading of Caring Brands

A hedge fund recently bought a new position in Caring Brands stock. Susquehanna International Group LLP bought a new stake in Caring Brands, Inc. (NASDAQ:CABR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 20,771 shares of the company’s stock, valued at approximately $26,000. Susquehanna International Group LLP owned 0.20% of Caring Brands as of its most recent filing with the Securities & Exchange Commission.

About Caring Brands

Caring Brands International, Inc is a home care company that supports a network of businesses providing in-home assistance and related care services. Its services are designed to help older adults, individuals with disabilities and others who need support with daily activities remain safely and comfortably in their homes.

The company’s offerings generally include companionship, personal care, help with daily living activities and respite support for family caregivers. Caring Brands operates through home care brands and franchise locations, which deliver services in local communities and coordinate care based on clients’ individual needs.

Through its franchise-based model, Caring Brands provides local operators with branding, business support, training and operational resources while expanding access to non-medical home care services.