JFB Construction Holding (NASDAQ:JFB) Short Interest Up 34.2% in December

JFB Construction Holding (NASDAQ:JFB) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 63,769 shares, a growth of 34.2% from the December 15th total of 47,533 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily volume of 110,384 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 110,384 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.7% of the company’s shares are short sold.

JFB Construction Stock Performance

JFB traded up $3.10 during midday trading on Monday, reaching $23.65. 86,364 shares of the company were exchanged, compared to its average volume of 74,826. The company has a market cap of $224.68 million and a P/E ratio of -63.92. JFB Construction has a one year low of $3.39 and a one year high of $24.17. The stock has a fifty day moving average of $16.59.

JFB Construction (NASDAQ:JFB) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.11) earnings per share (EPS) for the quarter. JFB Construction had a negative return on equity of 31.22% and a negative net margin of 14.07%.The company had revenue of $4.98 million for the quarter.

Insider Buying and Selling

In other JFB Construction news, CFO Ruben Calderon purchased 1,550 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was purchased at an average cost of $18.72 per share, for a total transaction of $29,016.00. Following the acquisition, the chief financial officer owned 26,550 shares in the company, valued at approximately $497,016. The trade was a 6.20% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Joseph Frank Basile III acquired 5,900 shares of the stock in a transaction dated Monday, December 8th. The stock was acquired at an average cost of $16.79 per share, with a total value of $99,061.00. Following the completion of the transaction, the chief executive officer owned 430,900 shares in the company, valued at approximately $7,234,811. This represents a 1.39% increase in their position. The SEC filing for this purchase provides additional information.

Institutional Investors Weigh In On JFB Construction

An institutional investor recently bought a new position in JFB Construction stock. Nomura Holdings Inc. acquired a new stake in shares of JFB Construction Holding (NASDAQ:JFB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,000 shares of the company’s stock, valued at approximately $258,000. Nomura Holdings Inc. owned about 0.21% of JFB Construction as of its most recent SEC filing.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Wall Street Zen raised JFB Construction from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of JFB Construction in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, JFB Construction presently has a consensus rating of “Sell”.

JFB Construction Company Profile

JFB is a commercial and residential real estate construction and development company. The Company’s management is dedicated to delivering high-quality services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes, with a focus on fostering long-term relationships with clients, partners, and communities. Our comprehensive suite of services encompasses everything from initial project planning and design to the final stages of construction and project management.