Nexera Technologies Ltd. (NASDAQ:NEXR) Short Interest Update

Nexera Technologies Ltd. (NASDAQ:NEXR) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 868,001 shares, an increase of 2,596.2% from the May 14th total of 32,193 shares. Based on an average trading volume of 8,617,209 shares, the short-interest ratio is currently 0.1 days. Approximately 273.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

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

Nexera Technologies Trading Up 3.2%

Shares of NEXR stock traded up $0.03 during mid-day trading on Wednesday, reaching $0.83. 555,333 shares of the company’s stock traded hands, compared to its average volume of 2,703,071. Nexera Technologies has a 12 month low of $0.72 and a 12 month high of $125.57. The firm has a 50 day moving average price of $1.71 and a two-hundred day moving average price of $7.65. The company has a current ratio of 1.82, a quick ratio of 0.70 and a debt-to-equity ratio of 0.16.

Nexera Technologies Company Profile

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.