Jewett-Cameron Trading Company (NASDAQ:JCTC) Short Interest Update

Jewett-Cameron Trading Company (NASDAQ:JCTC) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 8,671 shares, an increase of 88.9% from the November 30th total of 4,591 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 32,762 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 32,762 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Jewett-Cameron Trading in a research note on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Jewett-Cameron Trading Price Performance

Shares of NASDAQ JCTC traded up $0.04 during trading hours on Friday, reaching $2.32. The stock had a trading volume of 23,755 shares, compared to its average volume of 30,357. The company has a market cap of $8.17 million, a price-to-earnings ratio of -1.97 and a beta of 0.14. Jewett-Cameron Trading has a twelve month low of $2.02 and a twelve month high of $5.41. The business’s fifty day moving average is $2.57 and its two-hundred day moving average is $3.26.

Institutional Trading of Jewett-Cameron Trading

A hedge fund recently bought a new stake in Jewett-Cameron Trading stock. Citadel Advisors LLC bought a new stake in Jewett-Cameron Trading Company (NASDAQ:JCTC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 22,557 shares of the company’s stock, valued at approximately $77,000. Citadel Advisors LLC owned 0.64% of Jewett-Cameron Trading as of its most recent SEC filing. Hedge funds and other institutional investors own 26.05% of the company’s stock.

About Jewett-Cameron Trading

Jewett-Cameron Trading Company Ltd. is a supplier of `Value-added` building materials to major home improvement center chains in the western United States. The Company concentrates on the residential repair and remodeling segment of the building materials industry.