Short Interest in Nexera Technologies Ltd. (NASDAQ:NEXR) Increases By 62.9%

Nexera Technologies Ltd. (NASDAQ:NEXRGet Free Report) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 73,471 shares, a growth of 62.9% from the July 30th total of 45,098 shares. Currently, 27.1% of the shares of the stock are short sold. Based on an average daily volume of 764,049 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

NEXR has been the topic of a number of recent research reports. Wall Street Zen raised Nexera Technologies to a “hold” rating in a research note on Saturday, June 27th. Weiss Ratings raised Nexera Technologies from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, August 26th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Get Our Latest Stock Report on Nexera Technologies

Nexera Technologies Price Performance

NEXR traded down $0.03 during trading on Tuesday, hitting $1.83. The company’s stock had a trading volume of 53,222 shares, compared to its average volume of 465,910. The firm’s 50 day moving average price is $4.36 and its 200-day moving average price is $19.24. 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 has a twelve month low of $1.80 and a twelve month high of $847.00.

Nexera Technologies (NASDAQ:NEXRGet Free Report) last posted its quarterly earnings data on Monday, August 31st. The company reported ($25.90) earnings per share (EPS) for the quarter. The firm had revenue of $5.21 million during the quarter.

Nexera Technologies Company Profile

(Get Free Report)

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.

Further Reading

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