Short Interest in Nexera Technologies Ltd. (NASDAQ:NEXR) Expands By 54.4%

Nexera Technologies Ltd. (NASDAQ:NEXR) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 45,098 shares, a growth of 54.4% from the July 15th total of 29,216 shares. Currently, 16.6% of the shares of the stock are short sold. Based on an average trading volume of 494,586 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Weiss Ratings downgraded Nexera Technologies from a “sell (e+)” rating to a “sell (e)” rating in a report on Tuesday, August 11th. Wall Street Zen raised Nexera Technologies to a “hold” rating in a research note on Saturday, June 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Nexera Technologies Stock Performance

Shares of NASDAQ:NEXR opened at $2.59 on Tuesday. The firm has a 50 day simple moving average of $5.48 and a 200 day simple moving average of $25.05. Nexera Technologies has a 52 week low of $2.32 and a 52 week high of $911.68. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.70 and a current ratio of 1.82.

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.