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

by · The Cerbat Gem

Nexera Technologies Ltd. (NASDAQ:NEXR – Get Free Report) was the recipient of a significant 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 daily volume of 8,617,209 shares, the days-to-cover ratio is presently 0.1 days. Approximately 273.0% of the shares of the company are short sold.

Analyst Ratings Changes

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

Get Our Latest Stock Report on Nexera Technologies

Nexera Technologies Stock Performance

NEXR traded down $0.13 during trading on Tuesday, reaching $0.80. The company’s stock had a trading volume of 1,720,660 shares, compared to its average volume of 11,144,766. The company has a current ratio of 1.82, a quick ratio of 0.70 and a debt-to-equity ratio of 0.16. The firm has a fifty day simple moving average of $1.71 and a two-hundred day simple moving average of $7.65. Nexera Technologies has a 1 year low of $0.80 and a 1 year high of $149.94.

About Nexera Technologies

(Get Free Report)

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.

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