JE Cleantech Holdings Limited (NASDAQ:JCSE) Short Interest Down 38.1% in August

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 8,284 shares, a decrease of 38.1% from the July 30th total of 13,377 shares. Based on an average trading volume of 6,567 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.4% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings raised JE Cleantech from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, July 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

JE Cleantech Price Performance

Shares of JE Cleantech stock opened at $1.33 on Monday. JE Cleantech has a 12 month low of $0.77 and a 12 month high of $2.50. The business has a fifty day simple moving average of $1.40 and a 200 day simple moving average of $1.26. The company has a quick ratio of 1.81, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

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.