Nexera Technologies Ltd. (NASDAQ:NEXR) Short Interest Down 95.3% in June

Nexera Technologies Ltd. (NASDAQ:NEXR) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 41,074 shares, a decrease of 95.3% from the May 31st total of 868,001 shares. Approximately 1.7% of the company’s stock are sold short. Based on an average daily volume of 13,359,998 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Nexera Technologies from a “sell (e)” rating to a “sell (e+)” rating in a research report on Thursday, June 11th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Nexera Technologies Price Performance

Nexera Technologies stock traded up $0.54 during midday trading on Thursday, hitting $1.10. 323,746,049 shares of the company’s stock were exchanged, compared to its average volume of 11,532,050. Nexera Technologies has a 12-month low of $0.54 and a 12-month high of $117.60. The firm’s 50 day simple moving average is $1.39 and its 200 day simple moving average is $5.68. The company has a current ratio of 1.82, a quick ratio of 0.70 and a debt-to-equity ratio of 0.16.

About Nexera Technologies

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.