Short Interest in JE Cleantech Holdings Limited (NASDAQ:JCSE) Expands By 88,141.1%

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 143,833 shares, an increase of 88,141.1% from the December 31st total of 163 shares. Currently, 7.5% of the company’s shares are sold short. Based on an average daily volume of 5,208,361 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 5,208,361 shares, the days-to-cover ratio is presently 0.0 days. Currently, 7.5% of the company’s shares are sold short.

JE Cleantech Trading Down 1.9%

Shares of JCSE traded down $0.03 during mid-day trading on Tuesday, reaching $1.58. 42,779 shares of the company’s stock traded hands, compared to its average volume of 2,818,502. The company has a current ratio of 2.58, a quick ratio of 1.11 and a debt-to-equity ratio of 0.49. The stock’s 50-day moving average is $1.40 and its two-hundred day moving average is $1.24. JE Cleantech has a 12 month low of $0.86 and a 12 month high of $2.50.

JE Cleantech Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 21st will be given a $0.44 dividend. The ex-dividend date of this dividend is Thursday, January 29th.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of JE Cleantech in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average 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.