JE Cleantech Holdings Limited (NASDAQ:JCSE) Short Interest Up 80.1% in February

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 33,952 shares, a growth of 80.1% from the February 12th total of 18,855 shares. Approximately 1.8% of the company’s shares are short sold. Based on an average daily trading volume, of 120,548 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 120,548 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.8% of the company’s shares are short sold.

JE Cleantech Stock Down 1.0%

Shares of NASDAQ:JCSE opened at $1.04 on Friday. JE Cleantech has a 1 year low of $0.77 and a 1 year high of $2.50. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.58 and a quick ratio of 1.11. The business’s 50-day moving average is $1.34 and its 200-day moving average is $1.24.

JE Cleantech Announces Dividend

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued 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, Based on data from MarketBeat, JE Cleantech has a consensus rating of “Sell”.

About JE Cleantech

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.