Jewett-Cameron Trading Company (NASDAQ:JCTC) Short Interest Update

Jewett-Cameron Trading Company (NASDAQ:JCTC) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 20,756 shares, an increase of 139.4% from the December 15th total of 8,671 shares. Based on an average daily volume of 25,903 shares, the short-interest ratio is presently 0.8 days. Approximately 0.6% of the company’s stock are short sold. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 25,903 shares, the short-interest ratio is presently 0.8 days.

Insider Activity at Jewett-Cameron Trading

In other news, major shareholder Community Foundation Oregon sold 14,797 shares of the company’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $2.26, for a total value of $33,441.22. Following the completion of the transaction, the insider directly owned 851,709 shares in the company, valued at approximately $1,924,862.34. This represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 50,000 shares of company stock worth $114,058 over the last 90 days. Insiders own 1.26% of the company’s stock.

Institutional Investors Weigh In On Jewett-Cameron Trading

An institutional investor recently bought a new position in Jewett-Cameron Trading stock. Citadel Advisors LLC purchased a new position in shares of Jewett-Cameron Trading Company (NASDAQ:JCTC) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 22,557 shares of the company’s stock, valued at approximately $77,000. Citadel Advisors LLC owned about 0.64% of Jewett-Cameron Trading as of its most recent filing with the Securities and Exchange Commission (SEC). 26.05% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Jewett-Cameron Trading in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Jewett-Cameron Trading Trading Down 2.1%

Jewett-Cameron Trading stock opened at $2.33 on Wednesday. Jewett-Cameron Trading has a 52 week low of $2.02 and a 52 week high of $5.41. The stock has a market cap of $8.20 million, a P/E ratio of -1.97 and a beta of 0.14. The stock has a 50 day moving average of $2.39 and a 200-day moving average of $3.14.

About Jewett-Cameron Trading

Jewett-Cameron Trading Company Ltd. is a supplier of `Value-added` building materials to major home improvement center chains in the western United States. The Company concentrates on the residential repair and remodeling segment of the building materials industry.