Short Interest in Jeffs’ Brands Ltd (NASDAQ:JFBR) Expands By 16.7%

Jeffs’ Brands Ltd (NASDAQ:JFBR) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 111,700 shares, a growth of 16.7% from the August 31st total of 95,700 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily volume of 904,500 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Jeffs’ Brands

A hedge fund recently bought a new stake in Jeffs’ Brands stock. Anson Funds Management LP acquired a new stake in shares of Jeffs’ Brands Ltd (NASDAQ:JFBR) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 117,295 shares of the company’s stock, valued at approximately $43,000. Anson Funds Management LP owned 10.20% of Jeffs’ Brands as of its most recent SEC filing. 38.85% of the stock is currently owned by hedge funds and other institutional investors.

Jeffs’ Brands Stock Performance

Jeffs’ Brands stock traded down $0.02 during midday trading on Monday, reaching $0.27. The stock had a trading volume of 642,876 shares, compared to its average volume of 1,461,749. The company has a fifty day moving average of $0.23 and a 200 day moving average of $0.30. Jeffs’ Brands has a 52-week low of $0.17 and a 52-week high of $5.29.

Jeffs’ Brands 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-tip dart sets under the CC-Exquisite brand; car door pet scratches protectors under the PetEvo brand; bag sets, including adjustable stands and boxing gloves, and party supply kits for children under the Whoobli brand; and products for filtering and purifying air in vehicles under the Zendora brand.