JBDI Holdings Limited (NASDAQ:JBDI) Short Interest Update

JBDI Holdings Limited (NASDAQ:JBDI) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 13,440 shares, a decrease of 65.0% from the June 15th total of 38,451 shares. Based on an average daily trading volume, of 145,608 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

JBDI Price Performance

Shares of JBDI stock traded up $0.16 on Tuesday, hitting $1.41. The company’s stock had a trading volume of 39,062 shares, compared to its average volume of 146,498. JBDI has a 1 year low of $0.78 and a 1 year high of $6.00. The firm has a fifty day moving average price of $1.12 and a 200-day moving average price of $1.30. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.46 and a quick ratio of 4.19.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of JBDI in a research note on Friday, May 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, JBDI has a consensus rating of “Sell”.

JBDI Company Profile

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.