Fenbo Holdings Limited (NASDAQ:FEBO) Sees Significant Growth in Short Interest

Fenbo Holdings Limited (NASDAQ:FEBO) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 227,300 shares, an increase of 34.8% from the September 15th total of 168,600 shares. Approximately 11.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 120,000 shares, the short-interest ratio is presently 1.9 days.

Fenbo Price Performance

Shares of FEBO stock traded up $0.03 during midday trading on Tuesday, reaching $3.75. 683 shares of the company traded hands, compared to its average volume of 53,042. The firm’s 50 day simple moving average is $6.28 and its two-hundred day simple moving average is $10.03. Fenbo has a 1-year low of $1.99 and a 1-year high of $17.68.

About Fenbo

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.