Jeffs Brands Ltd’s recent filing unveils that its 10% Owner Conroy Jeffrey J. acquired Company’s shares for reported $0.49 million on Sep 24 ’24. In the deal valued at $0.38 per share,1,281,265 shares were bought. As a result of this transaction, Conroy Jeffrey J. now holds 3,713,265 shares worth roughly $0.89 million.
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Then, Conroy Jeffrey J. bought 1,101,890 shares, generating $398,884 in total proceeds. Upon buying the shares at $0.36, the 10% Owner now owns 2,432,000 shares.
Before that, Conroy Jeffrey J. bought 968,191 shares. Jeffs Brands Ltd shares valued at $277,871 were divested by the 10% Owner at a price of $0.29 per share. As a result of the transaction, Conroy Jeffrey J. now holds 3,168,191 shares, worth roughly $0.76 million.
Price Performance Review of JFBR
On Friday, Jeffs Brands Ltd [NASDAQ:JFBR] saw its stock fall -15.88% to $0.24. Over the last five days, the stock has lost -27.27%. Jeffs Brands Ltd shares have fallen nearly -92.13% since the year began. Nevertheless, the stocks have fallen -91.89% over the past one year. While a 52-week high of $5.29 was reached on 01/04/24, a 52-week low of $0.17 was recorded on 05/07/24. SMA at 50 days reached $0.2758, while 200 days put it at $0.5263.
Levels Of Support And Resistance For JFBR Stock
The 24-hour chart illustrates a support level at 0.2235, which if violated will result in even more drops to 0.2069. On the upside, there is a resistance level at 0.2681. A further resistance level may holdings at 0.2961. The Relative Strength Index (RSI) on the 14-day chart is 40.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0369, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.12%. Stochastics %K at 16.56% indicates the stock is a buying.
How much short interest is there in Jeffs Brands Ltd?
A steep rise in short interest was recorded in Jeffs Brands Ltd stocks on 2024-10-31, growing by 1.38 million shares to a total of 1.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.22 million shares. There was a rise of 86.45%, which implies that there is a positive sentiment for the stock.
