JE Cleantech Holdings Limited (NASDAQ:JCSE) Sees Significant Decline in Short Interest

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the target of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 18,855 shares, a decline of 46.2% from the January 29th total of 35,051 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 63,477 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 63,477 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.0% of the company’s stock are sold short.

JE Cleantech Stock Up 18.6%

JCSE traded up $0.19 during trading on Friday, hitting $1.21. 497,466 shares of the stock were exchanged, compared to its average volume of 81,898. The company has a current ratio of 2.58, a quick ratio of 1.11 and a debt-to-equity ratio of 0.49. JE Cleantech has a 1-year low of $0.77 and a 1-year high of $2.50. The stock has a fifty day moving average price of $1.34 and a two-hundred day moving average price of $1.23.

JE Cleantech Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 28th. Investors of record on Wednesday, January 21st were given a $0.44 dividend. The ex-dividend date was Thursday, January 29th.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of JE Cleantech in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

JE Cleantech Company Profile

JE Cleantech Holdings Ltd. is an Israel-based environmental technology firm specializing in advanced water and wastewater treatment solutions. The company designs, manufactures and markets a suite of modular treatment systems that integrate proprietary membrane filtration, advanced oxidation processes, biological treatment and customized chemical formulations. Its offerings address water purification, recycling and process water challenges across municipal, industrial and agricultural end markets.

Through a combination of standardized equipment platforms and bespoke engineering services, JE Cleantech helps clients meet stringent regulatory requirements, reduce freshwater intake and lower overall treatment costs.