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

Fenbo Holdings Limited (NASDAQ:FEBO) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 98,200 shares, a growth of 29.6% from the March 31st total of 75,800 shares. Based on an average daily volume of 9,700 shares, the short-interest ratio is currently 10.1 days. Approximately 1.0% of the shares of the stock are sold short.

Institutional Trading of Fenbo

A hedge fund recently bought a new stake in Fenbo stock. XTX Topco Ltd bought a new position in Fenbo Holdings Limited (NASDAQ:FEBO) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund 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 & Exchange Commission. Institutional investors and hedge funds own 0.01% of the company’s stock.

Fenbo Trading Up 7.2 %

Shares of NASDAQ FEBO opened at $1.34 on Friday. The firm’s 50 day simple moving average is $1.18 and its two-hundred day simple moving average is $1.73. Fenbo has a one year low of $0.93 and a one year high of $17.68.

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.