Fenbo Holdings Limited (NASDAQ:FEBO) Short Interest Down 18.7% in January

Fenbo Holdings Limited (NASDAQ:FEBO) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 50,606 shares, a drop of 18.7% from the December 31st total of 62,283 shares. Based on an average daily volume of 40,489 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 40,489 shares, the days-to-cover ratio is currently 1.2 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Fenbo in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Fenbo has a consensus rating of “Sell”.

Fenbo Price Performance

Shares of FEBO stock traded up $0.01 on Tuesday, hitting $1.08. 1,042 shares of the company’s stock were exchanged, compared to its average volume of 29,678. The company has a 50 day moving average of $1.10 and a 200 day moving average of $0.89. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.92 and a quick ratio of 1.66. Fenbo has a 12 month low of $0.61 and a 12 month high of $1.49.

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.