JBDI Holdings Limited (NASDAQ:JBDI) Sees Large Decline in Short Interest
by Doug Wharley · The Cerbat GemJBDI Holdings Limited (NASDAQ:JBDI – Get Free Report) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 13,709 shares, a decline of 54.8% from the March 15th total of 30,352 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 13,380 shares, the days-to-cover ratio is presently 1.0 days.
JBDI Stock Performance
Shares of JBDI stock traded up $0.00 during trading on Monday, hitting $0.62. 3,607 shares of the stock traded hands, compared to its average volume of 10,878. The company has a quick ratio of 4.19, a current ratio of 4.46 and a debt-to-equity ratio of 0.25. The firm’s fifty day moving average price is $0.73 and its 200-day moving average price is $0.97. JBDI has a 52-week low of $0.52 and a 52-week high of $3.00.
JBDI (NASDAQ:JBDI – Get Free Report) last released its quarterly earnings results on Friday, February 6th. The company reported $0.00 EPS for the quarter. The firm had revenue of $2.04 million for the quarter.
About JBDI
JBDI Holdings Limited engages in the trading of reconditioned and recycling containers in Singapore and the Southeast Asia region. The company offers reconditioning and recycling drums, including open top drums, metal drums, plastic drums, plastic carboys, and intermediate bulk containers, as well as new drums, and collects waste drums and related products. It serves solvent, chemical, petroleum, and edible product oil industries. The company was founded in 1983 and is based in Singapore. JBDI Holdings Limited operates as a subsidiary of E U Holdings Pte.