Jeffs’ Brands Ltd (NASDAQ:JFBR) Short Interest Up 16.7% in September

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

Jeffs’ Brands Price Performance

Shares of JFBR traded down $0.02 during trading hours on Monday, hitting $0.27. The company’s stock had a trading volume of 642,876 shares, compared to its average volume of 1,461,749. Jeffs’ Brands has a 52-week low of $0.17 and a 52-week high of $5.29. The business has a 50 day simple moving average of $0.23 and a two-hundred day simple moving average of $0.30.

Institutional Inflows and Outflows

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

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.