JE Cleantech Holdings Limited (NASDAQ:JCSE) Short Interest Update

JE Cleantech Holdings Limited (NASDAQ:JCSE) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 21,125 shares, a decline of 61.7% from the April 15th total of 55,101 shares. Based on an average trading volume of 69,120 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.1% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of JE Cleantech in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

JE Cleantech Stock Performance

Shares of NASDAQ:JCSE traded down $0.10 on Thursday, reaching $1.30. 21,958 shares of the company’s stock were exchanged, compared to its average volume of 1,103,561. JE Cleantech has a twelve month low of $0.77 and a twelve month high of $2.50. The company has a fifty day moving average of $1.17 and a 200-day moving average of $1.23.

JE Cleantech (NASDAQ:JCSE) last released its quarterly earnings results on Friday, May 8th. The company reported $0.30 earnings per share for the quarter. The business had revenue of $5.33 million during the quarter.

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.