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 $9.58 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 $8.17 million.
Price Performance Review of JFBR
On Monday, Jeffs Brands Ltd [NASDAQ:JFBR] saw its stock fall -3.37% to $2.58. Over the last five days, the stock has lost -10.10%. Jeffs Brands Ltd shares have fallen nearly -93.49% since the year began. Nevertheless, the stocks have fallen -93.97% over the past one year. While a 52-week high of $68.77 was reached on 01/04/24, a 52-week low of $2.21 was recorded on 05/07/24. SMA at 50 days reached $3.54, while 200 days put it at $5.26.
Levels Of Support And Resistance For JFBR Stock
The 24-hour chart illustrates a support level at 2.37, which if violated will result in even more drops to 2.15. On the upside, there is a resistance level at 2.80. A further resistance level may holdings at 3.01. The Relative Strength Index (RSI) on the 14-day chart is 39.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.95%. Stochastics %K at 11.78% 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 2024-11-15, growing by 19169.0 shares to a total of 26506.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 7337.0 shares. There was a rise of 72.32%, which implies that there is a positive sentiment for the stock.