JFB Construction Holding (NASDAQ:JFB) Short Interest Update

JFB Construction Holding (NASDAQ:JFB) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 34,800 shares, a drop of 25.1% from the January 15th total of 46,472 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 48,643 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 48,643 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.4% of the shares of the company are sold short.

Insiders Place Their Bets

In related news, CFO Ruben Calderon acquired 1,550 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were acquired at an average cost of $18.72 per share, for a total transaction of $29,016.00. Following the completion of the purchase, the chief financial officer directly owned 26,550 shares in the company, valued at $497,016. This trade represents a 6.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Joseph Frank Basile III bought 5,900 shares of the stock in a transaction on Monday, December 8th. The shares were bought at an average cost of $16.79 per share, for a total transaction of $99,061.00. Following the purchase, the chief executive officer owned 430,900 shares in the company, valued at $7,234,811. This trade represents a 1.39% increase in their position. The SEC filing for this purchase provides additional information.

Institutional Investors Weigh In On JFB Construction

Several institutional investors and hedge funds have recently modified their holdings of the business. Nomura Holdings Inc. acquired a new position in JFB Construction during the third quarter worth $258,000. Yorkville Advisors Global LP acquired a new position in shares of JFB Construction during the 3rd quarter valued at about $258,000. Geode Capital Management LLC raised its stake in shares of JFB Construction by 21.1% in the 4th quarter. Geode Capital Management LLC now owns 12,434 shares of the company’s stock valued at $182,000 after acquiring an additional 2,168 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in JFB Construction in the 4th quarter worth approximately $604,000.

JFB Construction Price Performance

Shares of JFB stock traded up $1.74 during trading on Monday, hitting $29.87. 55,769 shares of the company were exchanged, compared to its average volume of 66,462. The business’s 50-day moving average is $20.31. JFB Construction has a twelve month low of $3.39 and a twelve month high of $34.65. The company has a market capitalization of $283.77 million and a price-to-earnings ratio of -80.73.

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

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on JFB shares. Wall Street Zen upgraded JFB Construction from a “sell” rating to a “hold” rating in a report on Saturday, January 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of JFB Construction in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

About JFB Construction

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.