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

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 12,910 shares, a decrease of 62.0% from the February 26th total of 33,952 shares. Based on an average daily trading volume, of 15,486 shares, the short-interest ratio is presently 0.8 days. Currently, 0.7% of the shares of the company are sold short. Currently, 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 15,486 shares, the short-interest ratio is presently 0.8 days.

JE Cleantech Price Performance

JCSE stock opened at $1.00 on Wednesday. The firm has a 50 day moving average of $1.17 and a 200-day moving average of $1.25. 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 12-month low of $0.77 and a 12-month high of $2.50.

JE Cleantech Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, January 28th. Investors of record on Wednesday, January 21st were issued a dividend of $0.44 per share. The ex-dividend date of this dividend was Thursday, January 29th.

Analyst Ratings Changes

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