Short Interest in JE Cleantech Holdings Limited (NASDAQ:JCSE) Expands By 88,141.1%

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 143,833 shares, an increase of 88,141.1% from the December 31st total of 163 shares. Based on an average trading volume of 5,208,361 shares, the days-to-cover ratio is currently 0.0 days. Currently, 7.5% of the shares of the stock are sold short. Currently, 7.5% of the shares of the stock are sold short. Based on an average trading volume of 5,208,361 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

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

JE Cleantech Price Performance

Shares of JCSE stock traded down $0.03 on Tuesday, reaching $1.58. The company’s stock had a trading volume of 42,779 shares, compared to its average volume of 2,818,502. The stock’s fifty day simple moving average is $1.40 and its 200-day simple moving average is $1.24. JE Cleantech has a 1 year low of $0.86 and a 1 year high of $2.50. 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 Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, January 28th. Investors of record on Wednesday, January 21st will be issued a $0.44 dividend. The ex-dividend date of this dividend is Thursday, January 29th.

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.