Short Interest in JFB Construction Holding (NASDAQ:JFB) Decreases By 27.1%

JFB Construction Holding (NASDAQ:JFB) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 46,472 shares, a decrease of 27.1% from the December 31st total of 63,769 shares. Based on an average daily volume of 40,872 shares, the short-interest ratio is presently 1.1 days. Approximately 0.5% of the shares of the stock are sold short. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 40,872 shares, the short-interest ratio is presently 1.1 days.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on JFB shares. Wall Street Zen raised JFB Construction from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Weiss Ratings restated 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, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Insider Activity at JFB Construction

In other JFB Construction news, CFO Ruben Calderon acquired 1,550 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was acquired at an average cost of $18.72 per share, with a total value of $29,016.00. Following the purchase, the chief financial officer directly owned 26,550 shares in the company, valued at approximately $497,016. This trade represents a 6.20% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, CEO Joseph Frank Basile III bought 5,900 shares of JFB Construction stock in a transaction that occurred on Monday, December 8th. The stock was 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 represents a 1.39% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure.

Institutional Trading of JFB Construction

An institutional investor recently bought a new position in JFB Construction stock. Nomura Holdings Inc. purchased a new stake in shares of JFB Construction Holding (NASDAQ:JFB) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 20,000 shares of the company’s stock, valued at approximately $258,000. Nomura Holdings Inc. owned approximately 0.21% of JFB Construction at the end of the most recent quarter.

JFB Construction Price Performance

Shares of JFB Construction stock traded up $1.62 during trading hours on Tuesday, reaching $28.90. The stock had a trading volume of 104,421 shares, compared to its average volume of 49,713. The business’s 50 day simple moving average is $18.39. The firm has a market capitalization of $274.55 million and a price-to-earnings ratio of -78.11. JFB Construction has a 1 year low of $3.39 and a 1 year high of $33.68.

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

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.