Fenbo Holdings Limited (NASDAQ:FEBO) Short Interest Update

Fenbo Holdings Limited (NASDAQ:FEBO) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 48,100 shares, a decline of 38.8% from the May 15th total of 78,600 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 9,300 shares, the short-interest ratio is currently 5.2 days.

Fenbo Stock Up 2.4%

Shares of FEBO traded up $0.03 during mid-day trading on Monday, hitting $1.10. The company’s stock had a trading volume of 2,880 shares, compared to its average volume of 14,588. Fenbo has a 1-year low of $0.93 and a 1-year high of $17.68. The firm has a 50-day simple moving average of $1.22 and a 200 day simple moving average of $1.35.

Institutional Investors Weigh In On Fenbo

A hedge fund recently bought a new stake in Fenbo stock. XTX Topco Ltd bought a new position in shares of Fenbo Holdings Limited (NASDAQ:FEBO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 23,856 shares of the company’s stock, valued at approximately $42,000. XTX Topco Ltd owned about 0.22% of Fenbo as of its most recent filing with the Securities and Exchange Commission (SEC). 0.01% of the stock is currently owned by hedge funds and other institutional investors.

Fenbo Company Profile

Fenbo Holdings Limited, through its subsidiaries, manufactures and sells personal care electric appliances and toys products. The company offers curling wands and irons, flat irons and hair straighteners, hair dryers, trimmers, nail polishers, pet shampoo brushes, eyebrow pliers, etc. It serves customers in Europe, North America, South America, Asia, and internationally.