JE Cleantech Holdings Limited (NASDAQ:JCSE) Short Interest Down 47.2% in June

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 8,787 shares, a decrease of 47.2% from the June 15th total of 16,641 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 21,817 shares, the short-interest ratio is currently 0.4 days.

JE Cleantech Price Performance

JE Cleantech stock traded up $0.02 during midday trading on Wednesday, hitting $1.35. 1,265 shares of the company were exchanged, compared to its average volume of 770,693. JE Cleantech has a fifty-two week low of $0.77 and a fifty-two week high of $2.50. The business has a fifty day simple moving average of $1.30 and a two-hundred day simple moving average of $1.28. The company has a quick ratio of 1.81, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of JE Cleantech in a research report on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock 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.